turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

AM123
New Member

Do I enter Farming Income and expenses of s corporation farm on personal return as well or just enter as K-1 income?

 
1 Best answer

Accepted Solutions

Do I enter Farming Income and expenses of s corporation farm on personal return as well or just enter as K-1 income?

You just enter the W-2 and J-K-1 from the corporation.  Do not enter the income and expenses on your personal tax return.

View solution in original post

1 Reply

Do I enter Farming Income and expenses of s corporation farm on personal return as well or just enter as K-1 income?

You just enter the W-2 and J-K-1 from the corporation.  Do not enter the income and expenses on your personal tax return.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
message box icon

Ready to start your taxes?

Hand off your taxes, get expert help, or do it yourself.

See Pricing
Manage cookies
v