by 
darlenecd
ANSWERS: 1
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Poultry as in farm animals, fall into a special catagory of livestock. They tend to be alive for less than one year when they go to market. So there are special elections that poultry farmers must use to report this correctly on thier forms. Poultry held for live-stock purposes, thus, tend not to be treated as a capital gain. Capital assest have the ability to be held long term or short. Poultry are only short - so special rules regarding them are a part of the Schedule F and the Farmers tax guide.
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