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Level 2
posted Apr 2, 2021 3:38:44 AM

Do I fill out Schedule C or not?

I own a hop farm business, but I’m not required to fill out a 1099s. Do I have to fill out schedule C?

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1 Replies
Expert Alumni
Apr 3, 2021 7:31:50 AM

If you have a farm, you would file a Schedule F, regardless of whether or not you have to file a 1099.

 

Purpose of the form:

 

You are in the business of farming if you cultivate, operate, or manage a farm for profit, either as owner or tenant. A farm includes livestock, dairy, poultry, fish, fruit, and truck farms. It also includes plantations,