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Business & farm
I own a farm that I rent out as cash rent.
It doesn't matter if you rent it out (passive income) or actually farm it yourself to produce earned income. You still use SCH F. You'll note as you work it through the program that you will have to clearly identify if you rent it out (passive activity) or actually farm it (earned income). So in your case the farm income will be passive on SCH F.
‎October 19, 2019
7:00 PM