jtl3
Returning Member

Farm Income and Depreciation

I have used Turbo Tax for years. This year I am having problems. My wife and I have two farm properties. The farm income for these properties together shows up on Form 1040 Schedule on both lines 8 & 9. The values are different. Neither value matches the values from Form 4835. I made a mistake entering the depreciation in the wrong category and corrected it by putting drainage tiles in the land improvement category. I also have Schedule F entries for both farms and the depreciation information does not show up. It is on the Section 179 line on 4835. The value of the depreciation is very different from the two previous years. I need help.