Question

1099 - Misc where to apply for Farming ?

Forum|Forum|2 years ago
March 14, 2024
1 reply
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I normally use SCH F form every year.

This year I got a 1099 - MISC Box ! Rent form from the Elec Company to add poles to the land they were here 3 months .

My question is where do i apply this 1099 MISC. in my SCF F part 1 line 6 only or do i apply it early in the program?

I did it early in the program now i have a Form 4835 and A Sch F is this Ok?

Plus i have a form 8949 is this Ok ?

D

DianeW777

It depends. You can add it to the Schedule F, however since it is listed as rent you may want to include it either on Form 4835, Farm Rental or Schedule E Land Rental.

What is Form 4835: Farm Rental Income and Expenses?
- This will help you decide which form you might choose.

Enter in TurboTax using one of the following steps:

Open your TurboTax return
1. Select Wages & Income or Business Income (TurboTax Desktop) > Scroll to Farm Income and Expenses > Select Farm Rental Income and Expenses > Start/Update
2. Search (upper right) rentals > Click the Jump to ... link > Continue to add your farm land rental

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