TN 7 (06-90)

RS 01803.218 Deductible Farm Expenses


In general, all cash expended in the operation of the farm is allowable as a deduction from gross farm income.


Some kinds of expenses are listed below. This list is not all inclusive.

  • Feed for livestock

  • Seed, plants, seedlings

  • Farm supplies

  • Breeding fees

  • Fertilizer and lime

  • Crop insurance

  • Subscriptions to farm periodicals

  • Fees for testing livestock

  • Expenditures related to or arising out of the farm, but are not for capital expenditures nor personal living expenses.

  • Reasonable wages for the work done by a member of the farmer's family.

  • Depreciation (including livestock).

To Link to this section - Use this URL:
RS 01803.218 - Deductible Farm Expenses - 11/14/2002
Batch run: 07/03/2014