Posted 12/21/2025 10:32 (#11478851 - in reply to #11478212) Subject: RE: Tax experts- where on Schedule F do I deduct race car sponsorships?
Champaign, IL
Received a letter from the IRS last week. Partial audit of 2023 expenses, mostly depreciation and repairs. Grain sale income comes from 1099’s issued by Co-ops.