Posted 1/3/2010 22:20 (#1001477 - in reply to #1001396) Subject: Re: Would you income increase if you didn't buy new equipment?
Texas/New Mexico Stateline
A penny saved....
I suppose any equipment bought for the farm will come off of your income either through depreciation or Sec179. So I would say yes. If you didn't buy a new piece of equipment you will show more income.
Would you income increase if you didn't buy new equipment?
