You'll actually enter it on a Schedule F, if it's for a farm.
To enter it in Turbo Tax:
1. Click Federal
on the left-hand side menu.
2. Click Income
& Expenses across the top.
3. Scroll
down to Rentals, Royalties, and Farm and click Show more.
4. Click Start
or Revisit by Farm Income and Farm Rental.
Go through the interview to enter all your income, expenses, and assets.
