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Business & farm
Which version of TurboTax are you using? I have not encountered any issues setting up a Schedule F. Try using the steps below to set up a Schedule F (it sounds like you have a Desktop version):
TurboTax Desktop
To add your farm income in TurboTax Desktop, follow the instructions below:
- Go to Federal Taxes.
- Under Wages & Income, scroll down to Business Items. Click Start next to Farm Income and Farm Rental.
- Under Tell Us About Your Farm or Farm Rental Income, click the box next to “I have income from operating a farm”. Click any other boxes listed if they also apply to you. Click Continue.
- To enter details for your farm, either:
- Click Edit next to your Farm Name, or
- Add Another Farm.
- Enter the relevant information for your farm.
- When you get to the screen, Enter Income, enter dollar amounts in the fields provided for the different types of farm income you received that were not listed on a 1099 form, and for any amounts reported to you on Form 1099-PATR.
- Continue through the remaining screens to finish entering your farm details.
For TurboTax Desktop (CD/Download), you can use Deluxe, Premier, or Home & Business, to file a Schedule F. However, TurboTax Home & Business is highly recommended as it provides tailored, guided interviews specifically for farm income and expenses.
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