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Questions tagged [irs rules]

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WindRider WindRider Tue Sep 03 2024 | 0 answers 0

What are the IRS rules for hobby farming?

Could you please elaborate on the IRS rules pertaining to hobby farming? I'm curious to know if there are specific tax implications or deductions that apply to individuals who engage in farming as a hobby, as opposed to a full-time occupation. Additionally, I'm wondering if there are any particular forms or documents that need to be filed in order to comply with these regulations. Your insight into this matter would be greatly appreciated.

What are the IRS rules for hobby farming?

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