Tractor Talk Discussion Board |
Re: Taxing Question - How is it where you are?
[ View Follow Ups ] [ Post Followup ] [ Return to Forum ]
Posted by Bill Smtih on August 25, 2001 at 14:45:56 from (128.242.4.59):
In Reply to: Taxing Question - How is it where you are? posted by Stan(Mo) on August 23, 2001 at 15:54:43:
Here in Kansas we are tax free federally for farm fuel. We pay state taxes on farm fuel but can fill out papers to get fuel taxes back from state at end of year. Farm use items are suppose to be sales tax exsempt but ussually anything in question they sneak in the sales tax on it. Doesn't really matter becuase anything that is considered a farm exspense can be taken off your income tax at the end of the year. If you have an income at the end of the year then you have to pay income taxes on it to both state and federal. If you don't show an income you can depreciate out some of your expenses over a period of time. Expeneses can sometimes help you out sales tax or not.
Follow Ups:
Home
| Forums
Today's Featured Article -
Upgrading an Oliver Super 55 Electrical System - by Dennis Hawkins. My old Oliver Super 55 has been just sitting and rusting for several years now. I really hate to see a good tractor being treated that way, but not being able to start it without a 30 minute point filing ritual every time contributed to its demise. If it would just start when I turn the key, then I would use it more often. In addition to a bad case of old age, most of the tractor's original electrical system was simply too unreliable to keep. The main focus of this page is to show how I upgr
... [Read Article]
Latest Ad:
1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
[More Ads]
Copyright © 1997-2025 Yesterday's Tractor Co. All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V. Yesterday's Tractors - Antique Tractor HeadquartersWebsite Accessibility Policy |
|