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Tax experts- where on Schedule F do I deduct race car sponsorships?
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Korbel
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.
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