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Business & farm
Farms are treated like small businesses, so their income is reported on Form 1099-NEC. However, farm income goes on Schedule F, not Schedule C. That's why TurboTax is asking this question.
As long as you don't select "I owned a farm" on the "Does one of these uncommon situations apply?" screen your income won't be reported as farm income.
‎January 28, 2025
12:03 PM