I have a greenhouse business in which flowers/vegg...
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I have a greenhouse business in which flowers/veggies are grown for eventual sale as bedding plants to the public. Do I file this business under a Schedule F or C?

 
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Employee Tax Expert

I have a greenhouse business in which flowers/veggies are grown for eventual sale as bedding plants to the public. Do I file this business under a Schedule F or C?

A greenhouse business is a farming business and should be filed on Schedule F.

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Level 15

I have a greenhouse business in which flowers/veggies are grown for eventual sale as bedding plants to the public. Do I file this business under a Schedule F or C?

Actually, there's a mitigating factor here to determining if it's a SCH F or SCH C business.

If the land you are doing this on is "in fact" classified by your local property appraiser as agricultural or farm land, then it's a SCH F business hands down.

If you are basically running a nursery business from your residence property (that is not classified as above) or as a business separate from your primary residence on land that is classified by the appraiser as business or commercial user property, then it's a SCH C business.

 

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