Many farm families worry about estate tax, but the bigger bill may come from...

https://josuedumv023.tearosediner.net/what-does-depreciation-recapture-is-ordinary-income-mean-for-my-bracket

Many farm families worry about estate tax, but the bigger bill may come from income tax when the farm changes hands. Learn how depreciation recapture on paid-off equipment and a basis step-up can affect what heirs owe.