Your CPA Will Love You

Every dollar you log maps directly to an IRS Schedule F line. No end-of-year scramble. No shoebox of receipts.

How It Works

1

Log Transactions

Log income and expenses during the year. Every account maps to a Schedule F line item. Connect your bank on Plus to pull transactions automatically.

2

Export for Your CPA

At tax time, export a complete tax package with every dollar already mapped to the right Schedule F line.

Schedule F Line Mapping

Your chart of accounts isn't generic QuickBooks categories. Every account maps to a specific line on IRS Schedule F.

Part I — Farm Income

  • Line 1a:Sales of livestock bought for resale
  • Line 1b:Sales of livestock and produce you raised
  • Line 2:Cost or other basis of livestock sold
  • Line 3a:Cooperative distributions (taxable)
  • Line 4a:Agricultural program payments
  • Line 5a:Commodity Credit Corporation loans
  • Line 6a:Crop insurance proceeds
  • Line 8:Other income

Part II — Farm Expenses

  • Line 12:Car and truck expenses
  • Line 13:Chemicals
  • Line 14:Conservation expenses
  • Line 15:Custom hire (machine work)
  • Line 16:Depreciation and Section 179
  • Line 17:Employee benefit programs
  • Line 18:Feed
  • Line 19:Fertilizers and lime
  • Line 20:Freight and trucking
  • Line 21:Gasoline, fuel, and oil
  • Line 22:Insurance (other than health)
  • Line 23:Interest (mortgage/other)
  • Line 24:Labor hired
  • Line 25:Pension/profit-sharing plans
  • Line 26:Rent or lease (vehicles/machinery/land)
  • Line 27:Repairs and maintenance
  • Line 28:Seeds and plants
  • Line 29:Storage and warehousing
  • Line 30:Supplies
  • Line 31:Taxes
  • Line 32:Utilities
  • Line 33:Veterinary, breeding, and medicine
  • Line 34:Other expenses

Cash Basis + Accrual

Howdy Ag supports both cash basis and accrual accounting. Income and expenses can be tracked on a cash basis, while livestock and feed inventory use accrual. The hybrid method is handled automatically.

Depreciation Done Right

Equipment AND breeding livestock depreciation in one place.

  • Equipment depreciation (tractors, trucks, implements)
  • Breeding stock depreciation (purchased or raised)
  • Prior depreciation onboarding (switching systems)
  • Section 179 election tracking
  • MACRS 5-year and 7-year, straight-line methods

Reports Your CPA Needs

Profit & Loss by date range

Complete Schedule F report

Balance Sheet with depreciated values

Multi-year P&L comparison

Mileage summary with IRS rates

All exportable to CSV

Plus Plan

Bank Integration

Connect your farm bank account via Plaid. Transactions flow in automatically, you categorize them, and smart rules remember your choices.

Ready to Get Started?

Start Tracking for Free

The sooner you start logging, the easier tax time becomes.

Schedule F Tax Tracking — Every Dollar Mapped to IRS Lines | Howdy Ag