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Business & farm
Marcy- YES but be sure you are in the "Business Items" section of Turbotax - that is where you will find "Farm Income & Farm Rental" - and remember NEVER EVER check "Operating a farm". When you click on the update, just check the "I received a share of the production from my farm rental".
The only confusing thing after that is a bunch of questions about CCC loans, income, Risk Insurance, etc - and hopefully you can avoid or handle those. And you will eventually reach the Form 4835 table, which is what you want (NEVER a Schedule F) and that will eventually flow to Line 8 on your Form 1040.
Good Luck.
ron in shawnee
‎February 1, 2022
12:30 PM