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Business & farm
Are you reporting a loss on Schedule F Profit or Loss from Farming? How did you answer the question Did you actively participate?
Please clarify.
In TurboTax Online Self-employed, report the income by following these steps:
- Down the left side of the screen, click on Federal.
- Down the left side of the screen, click on Income and expenses.
- Scroll down to Rentals, royalties and Farm. Click on Show more to the right.
- Click on Edit/Add to the right of Farm income and farm rental.
- At the screen Did you have any farm or farm rental income?, click Yes.
- At the screen Tell us about your farm or farm rental income, click on I received agricultural payments.
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‎February 13, 2023
5:52 AM