cowboy43
Well-known member
A lot of ranchers have sold out because of the drought, adding tens of thousands of dollars to your yearly income, depending on how many cattle are being sold, I have heard of some selling hundreds of head. At 30% tax charge that could add up to $300 a head income tax. I had to sell out in 2008 and it cost me a lot of extra tax, because the extra income way ouweights your deductions. How do you that are in this situation handle this situation :?: :help: