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Dell33
Returning Member

do i have a business or a farm, it asks for the same information

if I tell turbo tax I receive rental income from the USDA, it takes me to the business section and I put my income and expenses in.  then I go to personal income and it asked me to fill in schedule f with the same info.  should I eliminate the farm because I think it gives me two incomes for the land I rent out

2 Replies
Critter
Level 15

do i have a business or a farm, it asks for the same information

 
Critter
Level 15

do i have a business or a farm, it asks for the same information

Rule #1 ... NEVER enter income twice ... if you are using the HOME  & BUSINESS version  ONLY enter the rental income  in the Business section ... in the Personal tab it is looking for any other income NOT already reported ... remove the second entry. 

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