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Tax Resources
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02-02-2007, 07:48 AM
Thoroughbred Fan
Narragansett Park
Join Date: May 2006
Location: 123 Paper St.
Posts: 575
Everyone I know who has horses formed an LLC. Then all you do is send your financial stuff to your accountant and he would produce a K-1. You use that on Schedule C, I believe.
-TF
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