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Business & farm
The potential causes of zero:
- If TurboTax does not have your information for years 2022-2024 it can't calculate an average. You need to enter the prior year data.
- Your net farm profit Sch F line 34 is limited by 1040 line 15. If you have no taxable income, you can't average it.
- If you are in Forms mode, switch to step by step and use farm income averaging. The program prefers step by step.
- Check your Sch F - a loss is not eligible
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March 19, 2026
9:13 AM