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King City, Mo | I don’t believe lime can be depreciated on taxes can it?
Ok 10 years ago I applied lime.
Well use $25/ton applied per acre
I don’t need lime yet.
So maybe at 15 years.
$25x2ton /15 years is $3.34 an acre per year cost.
If stretched over 20 years $2.50/acre
It really doesn’t matter as it’s a partial bushel cost a year.
Time is prob better spent doing something with the kids or wife then over analyzing how to expense the lime crops Vrs crop. There’s just not enough money involved to get excited. | |
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