Writing Off Fertilizer & Lime

Deduct it all this year, or spread the benefit out?
Course #: FN-004
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Field Note Description

Just spent big on fertilizer and lime? Most farmers deduct it the year they buy it — but because lime keeps improving your soil for years, you can often choose to spread that cost out instead. This Field Note explains how the two paths work, when each one saves you the most, and exactly what to ask your preparer before you settle your year.