The farmland was originally owned by my grandfather who put half in trust and half went to Dad. It was farmed by (or rented by) a distant cousin. Dad died in mid November 2018. We are in the process of working through the escrow and selling the farm to the cousin who farmed it. I live in Minnesota, Dad lived in Iowa, the farm is in Kansas.
I am at the question about making money in another state. One of the reasons to select yes is "Owning or inheriting a farm", which would be the only one that might apply to me. Do I need to say "Yes" here or would that be more for next year's taxes?
