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Trust farm rental
If a trust had a strictly cash rental farm, would it ever have farming and fishing income on line 42 of the 1040E? Or would Farming and Fishing income on the 1040E line 42 be for crop share?
I guess im asking if a trust has farming and Fishing Income on line 42 of the Schedule E that goes to the K-1? And what form is used to calculate that Farming and fishing income on line 42 of the 1040E?
would it ever be schedule F or 4835?
‎February 15, 2025
3:25 AM