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LKBK
Level 2

Correcting an incorrectly entered Farm

I thot I had everything corrected from deleting form 4835 but in my final print out it shows Self-employment income which we don't have.  We are not considered self-employed and I need to remove that.  There is no form Schedule SE under my forms but there is a Schedule C wks (which is blank) and an SE Adj WKS showing that I cannot delete.  I'm guessing that it could be from the incorrect farm.  How do I remove these or where can I correct them?

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5 Replies
JamesG1
Expert Alumni

Correcting an incorrectly entered Farm

Is there information on the SE Adj WKS which can tell you where the self-employment income originates?  You will have to locate the business entity and edit or delete the activity.  

 

In TurboTax Desktop Home & Business, review the business entities that have been created in the software by following these steps.

 

  • Go to Business / Business Income and Expenses / I'll choose what I work on.
  • At the screen Let's gather your business info, click on Start / Update to the right to see whether there is a business entity created.
  • At the Summary screen, click Edit to edit or click Delete to the right of the business entity.
  • Under Business Income and Expenses, select Profit or Loss from Business.
  • Under Farm Income and Expenses, select Farm Income and Expenses.
  • Under Farm Income and Expenses, select Farm Rental Income and Expenses.
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LKBK
Level 2

Correcting an incorrectly entered Farm

We have 1099-R and a farm.  We receive a 1099-Misc for the farm.  We have expenses, depreciation so a Schedule F.  Is that considered self employment that should generate a Schedule SE?  I don't see a Schedule SE in my forms section, only the SE Adj Wks.  I did not show anything previous years on my Minnesota Schedule M1MA Marriage Credit  before.  It's Part 1 line 2.  This is our first year doing our own as our tax person retired. 

Thanks! 

LKBK
Level 2

Correcting an incorrectly entered Farm

And BTW, there is no SE tax, it was a loss.

ColeenD3
Expert Alumni

Correcting an incorrectly entered Farm

You would not pay SE tax, since you had no positive income.

LKBK
Level 2

Correcting an incorrectly entered Farm

But why is it even entering that data?  I haven't had an SE in previous years for exactly the same activity.

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