We are waiting for the IRS to finalize and give us approval to update our software for Form 4835, Farm Rental Income and Expenses and many other forms. As of today, it's estimated that the form will be available sometime on 03/04/2021.
- Landowners and sub-lessors that do not materially participate in the operation or management of the farm (for self-employment tax purposes), file this form to report farm rental income based on crops or livestock produced by the tenant.
This delay is being caused by the Covid-19 pandemic and year end tax revisions.
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