Farm Expense Speadsheet for Taxes - Ask Extension
Do you know where I can get a free spreadsheet for listing Farm expenses for tax purposes?
Knowledgebase
Farm Expense Speadsheet for Taxes #785622
Asked March 30, 2022, 11:23 PM EDT
Do you know where I can get a free spreadsheet for listing Farm expenses for tax purposes?
Lane County Oregon
Expert Response
Greetings,
Thank you for reaching out - here are some options:
https://farmanswers.org/Library/Record/basic_farm_accounting_and_record_keeping_temp (You need to click on the green Go to Item button to download the spreadsheet).
In order to design a spreadsheet that almost any farmer can use to enter farm checks and deposits, the Farm and Agribusiness Management team has set up an Excel spreadsheet that follows IRS Form 1040 – Schedule F.
Download the Schedule F Farm Income and Expense Worksheets here.
The first sheet is designed to enter your farm’s bank deposits and record all types of farm income. The second sheet is designed to enter your farm’s expenses of all types. The third sheet summaries the first two pages and calculates your farm’s profit or loss for the year. Once you download this spreadsheet, you can use it with or without modification for your farm’s unique operations. It is our hope that you will find this spreadsheet helpful in tracking your farm’s profit or loss for the year.
Thank you for reaching out - here are some options:
https://farmanswers.org/Library/Record/basic_farm_accounting_and_record_keeping_temp (You need to click on the green Go to Item button to download the spreadsheet).
In order to design a spreadsheet that almost any farmer can use to enter farm checks and deposits, the Farm and Agribusiness Management team has set up an Excel spreadsheet that follows IRS Form 1040 – Schedule F.
Download the Schedule F Farm Income and Expense Worksheets here.
The first sheet is designed to enter your farm’s bank deposits and record all types of farm income. The second sheet is designed to enter your farm’s expenses of all types. The third sheet summaries the first two pages and calculates your farm’s profit or loss for the year. Once you download this spreadsheet, you can use it with or without modification for your farm’s unique operations. It is our hope that you will find this spreadsheet helpful in tracking your farm’s profit or loss for the year.
