Yamaha Kodiak 700 Forum banner


1510 Views 2 Replies 3 Participants Last post by  kodiakmatt
Any farmers out there claim their Kodiak on taxes?
1 - 3 of 3 Posts
I'm not a tax expert nor a farmer, but if a individual is in a state that doesn't have a state income tax they can deduct all the sales tax of everything they purchase if they have enough deductions to itemize off the 1040 schedule A form.

Just thinking if the rig is for the farm the farmer may be able to depreciate the value over time if not all at once.
Where I live in Canada they sure do, they register it to the farm name get all the sales tax back and away they go.....
1 - 3 of 3 Posts
This is an older thread, you may not receive a response, and could be reviving an old thread. Please consider creating a new thread.