GeorgeM777
Expert Alumni

Get your taxes done using TurboTax

Do you mean you rent out farm land to another party?  If so, and your 1099-Misc in box 1 includes the rental payments your received, then yes, you would need to report the rental payments as income.  

 

Generally taxpayers who are independent contractors or self-employed will receive a 1099-Misc with an amount in box 3, Other Income.  This too is income and must be reported on a tax return.  

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