State Tax Treatment of Farm Equipment Trades

  • Blog
  • 1/29/2018
Gain on trading-in farm equipment is now required. With 100% bonus depreciation, the net bottom line is still likely the same. However, in many states the net deduction can be substantially different. We fill you in.
This blog contains general information and does not constitute the rendering of legal, accounting, investment, tax, or other professional services. Consult with your advisors regarding the applicability of this content to your specific circumstances.

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