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How do I enter my w2 commodity wage? On Schedule D?
I receive a commodity wage from a farmer I worked for (received grain). I received a W-2 with the value of the grain listed in box 1. No other boxes are filled in. I know it doesn't go on the wage line of the 1040 and I don't believe it goes on on a schedule F. It has been a number of years since I have received one. If I remember right it goes on Schedule D with the amount I sold the grain for? And that there is no social security or medicare due on this income? I tried to find information on the IRS website but all I kept pulling up was about the employer. Thank you!
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‎June 7, 2019
3:34 PM