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Beginners Board
if you lose cow and calf, how to figure loss value for taxes
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<blockquote data-quote="kaykay" data-source="post: 44931" data-attributes="member: 488"><p>I was thinking our CPA said he was depreciating the cows, we just bought her in november of last year....so maybe I will get to take something for her and I did turn her in and the price we paid for her. It just looks like the calf and the yr of growth in the cow would have been worth something, esp at todays cattle prices. I know CPA asked me if they were breeding stock.</p></blockquote><p></p>
[QUOTE="kaykay, post: 44931, member: 488"] I was thinking our CPA said he was depreciating the cows, we just bought her in november of last year....so maybe I will get to take something for her and I did turn her in and the price we paid for her. It just looks like the calf and the yr of growth in the cow would have been worth something, esp at todays cattle prices. I know CPA asked me if they were breeding stock. [/QUOTE]
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if you lose cow and calf, how to figure loss value for taxes
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