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Form 4835 - Sale of Livestock and Other Items Bought for Resale

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Question
Form 4835 - Sale of Livestock and Other Items Bought for Resale

Answer

Purchase of Livestock and Other Items for Resale

Report income you received from livestock, produce, grains, and other crops based on production.  Under both the cash and the accrual methods of reporting, you must report livestock or crop share rentals received in the year you convert them into money or its equivalent.

For more information see Form 4835 Instructions.


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Views: 365 Created on: Jun 15, 2013
Date updated: Sep 08, 2015

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