Are there any AG Businesses that use QB that can tell me how we file our federal and state taxes for the first year of business?
what is your entity type, sole proprietor, multi member LLC, loose partnership? At a minimum farm income is Schedule F. If you have farmworkers an annual 943 instead of quarterly 943. You may or may not be exempt from unemployment.
Many states will accept the federal schedule F and 4562 depreciation schedule but some do not and require their own forms.
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