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Deferring crop insurance proceeds
I have crop insurance proceeds reported on 1099-Misc that I want to defer to 2021. In the input area for Crop Insurance for Farm Rental Income and Expense, there is only a field for crop insurance NOT reported on a 1099. If I enter it here it gives me the option to defer it. However, if I enter it in Farm Income Reported on 1099-Misc (because it was reported on a 1099) TurboTax does not give me the opportunity to defer it. How can I enter the crop insurance proceeds as both reported on 1099 AND defer it to 2021?
‎January 7, 2021
10:32 AM