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Get your taxes done using TurboTax
@dleebrick If you received a 1099-Misc with an amount in Box 7, this is considered Self-Employment Income.
Once you deduct your Self Employment Expenses, you are assessed Self Employment Tax (which goes into your Social Security account) against any profit you show.
If you are not Materially Participating, you won't be able to claim any expenses, so you will be assessed Self Employment Tax on the entire income amount.
Click this link for more info on How to Enter Farm Income and Expenses.
This link gives detail about Expenses and Material Participation .
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‎January 25, 2021
10:36 AM