-11- Year Amount 1988 $2,492 1989 48,998 1990 71,943 1991 62,038 1992 57,169 1993 -0- 1994 -0- 1995 -0- 1996 -0- Petitioner reported on the Schedules F (Profit or Loss from Farming) she attached to her returns for 1990 to 1996 that her farm and Broadmoor Gardens were one activity. Petitioner incurred losses for the farm and Broadmoor Gardens in each of those years, whether the calculation is made for the farm and Broadmoor Gardens as one or two activities. On her Schedules F for 1990 to 1996, petitioner reported income and expenses from raising cattle, horses, and tobacco, agricultural payments, and income from a Colorado rental property. She reported depreciation of a greenhouse on a Schedule F for each year from 1990 to 1992. Petitioner reported the following amounts of gross receipts, interest expense deductions, losses, and depreciation on her Schedules F for 1983 to 1996:Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next
Last modified: May 25, 2011