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Custom Hire is for Machine Work only. It is Custom Hire (Machine Work) not Custom Hire / Machine Work.
IRS instructions indicate that contract labor should be entered on Line 22: Labor Hired.
See definition of Labor Hired:
"You can deduct reasonable wages paid for regular farm labor, piecework, contract labor, and other forms of labor hired to perform your farming operations." These are the IRS's own words found at <a rel="nofollow" target="_blank" href="https://www.irs.gov/publications/p225/ch04.html#en_US_2016_publink1000217890">https://www.irs.gov/pu...>
I haven't completed the Turbotax process for 2016 yet, but they got the Custom Hire input field linked accurately to my Form 1040 in 2015, so hopefully the only problem here is that the experts are giving people the wrong answers.
The correct answer, straight from IRS publications, is that only Machine Hire work is entered as Custom Hire, and contract labor should be entered as Labor Hired.
IRS instructions indicate that contract labor should be entered on Line 22: Labor Hired.
See definition of Labor Hired:
"You can deduct reasonable wages paid for regular farm labor, piecework, contract labor, and other forms of labor hired to perform your farming operations." These are the IRS's own words found at <a rel="nofollow" target="_blank" href="https://www.irs.gov/publications/p225/ch04.html#en_US_2016_publink1000217890">https://www.irs.gov/pu...>
I haven't completed the Turbotax process for 2016 yet, but they got the Custom Hire input field linked accurately to my Form 1040 in 2015, so hopefully the only problem here is that the experts are giving people the wrong answers.
The correct answer, straight from IRS publications, is that only Machine Hire work is entered as Custom Hire, and contract labor should be entered as Labor Hired.
May 31, 2019
8:16 PM