ghubbcpa
Level 1
02-17-2022
10:30 AM
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Since the farm will be idle, I understand that no depreciation will be taken. How do I report on Schedule F in ProSeries that the individual will no longer be reporting farming income and expenses to the IRS? With some forms, there is a box that is checked which reports the business (other endeavor) is no longer active or "This is the final" return or reporting.