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schedule F part 1 line 7 reported on line 8

 
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1 Reply
LeticiaF1
Employee Tax Expert

schedule F part 1 line 7 reported on line 8

You should go back through the entries made for your Schedule K. Both lines 7 and 8 are entries for different incomes. Check your entries to make sure that the amounts were entered in the correct place.  

 

 

To go back to your Schedule F to review your entries:

  1. Go to the Wages & income section
  2. Select Farm Income and Farm Rental
  3. In the Tell Us About Your Farm or Farm Rental Income, make sure to select all the types of income you received
  4. When you get to Your Farming Income and Expenses, select Visit All
  5. In the next screen enter the income you received by category

See the images below for your reference.  Please reach out again if your issue continues.  

 

 

 

 

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