Subject: IRS 1040 Schedule F

From: [email-masked] (Stray Sheep Farm)
Date: Fri, 26 Jan 96 20:18:19 -0500

I am trying to fill out a Schedule F (Profit or Loss from Farming).  I 
bought a new tractor this year and plan to use straight line 
depreciation.  What depreciation period does the IRS use for farm 
equipment such as tractors and implements?  Is it 5 years?