2.02.3 Farming Income and Expense (2)

Question 問題
Farmer John, a cash-basis farmer, operates a cow-calf 仔牛 breeding operation. The breeder cows are not primarily 主に held for sale. In addition to the calves raised on his farm, 彼の農場で育てられた仔牛に加えて John also purchases calves for resale. During 2018, John had the following acquisitions 買収 and dispositions 処分 of cattle:
- Purchase of 30 calves for resale $3,420
- Sale of 30 calves purchased for resale $6,100
- Sale of 45 calves raised by John $10,400
- Sale of 10 breeder cows $6,750
- Original cost of breeder cows $5,500
- Accumulated depreciation on breeder cows $2,860
What amount should John include in gross income on his Schedule F for 2018?

A. $13,080

B. $14,510

C. $16,500

D. $18,580

The correct answer is 正解は、[A. $13,080] = $6,100 - $3,420 + $10,400
繁殖(breeding)、搾乳(dairy)、けん引(hauling)目的で保有する家畜を売却した場合はキャピタルゲインとしてSchedule Dに記載します。