Taxes on my mind, anyone deduct chickens, chicken eggs or feed

Discussion in 'Random Ramblings' started by CDennis, Jan 26, 2010.

  1. CDennis

    CDennis Chillin' With My Peeps

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    Apr 1, 2009
    Idaho
    I have raised chickens for two years, and I just give away my eggs. But I started to thinking if there was a way to sell the eggs and then deduct some of the feed costs on my taxes. Of course now I would have to wait till next year, but if I could it might be worth it. I was also thinking about buying raising some boilers and selling them. Anyone done this? Any luck or advice?
     
  2. Cindiloohoo

    Cindiloohoo Quiet as a Church Mouse

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    Dec 19, 2009
    Southwest TN
    Haven't done it, but I wish I could get them all SSN's so I could claim them as dependents [​IMG] I think Uncle Sam would choke. You would likely have to get a business ID number or something to pull that off, and there may be regulations..probably too much hassle I would think or everyone would be trying it!
     
  3. Mahonri

    Mahonri Urban Desert Chicken Enthusiast Premium Member

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    May 14, 2008
    North Phoenix
    My Coop
    My accountant won't let me do it.

    Says it's a "HOBBY"!

    Go figure.
     
  4. lockedhearts

    lockedhearts It's All About Chicken Math

    Apr 29, 2007
    Georgia
    I do, but they are all lumped under my farm, I deduct my dogs and horses since we breed and sell babies. But I also have to do the paperwork that goes along with it, every chicken I deduct has a folder, yes every one. Since I have close to 50, that's a lot of folders. I keep records on them just like my dogs and horses and deduct feed, lumber etc. But I also include any "income" from them.
     

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