TAXMAN Posted January 19, 2015 Report Share Posted January 19, 2015 Joe small time cash basis farmer has equipment, supplies, REPAIRS. He expenses out supplies when bought. Dep. 99% of equip. On repairs we look at each item. Is the 3115 required for him. All old dep set up under farm rules. What do you think? Quote Link to comment Share on other sites More sharing options...
Lee B Posted January 20, 2015 Report Share Posted January 20, 2015 Just went to a tax update yesterday that took an in depth look at this issue. Official answer: Not enough information to answer your question Educated guesstimate: Probably Not Quote Link to comment Share on other sites More sharing options...
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