For the hobby farmer, farming losses can be deducted against any source of income up to $2,500,
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For the hobby farmer, farming losses can be deducted against any source of income up to $2,500, plus one-half of the next $30,000 in each year. Discuss?
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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