@sknewman4 wrote:
none fit. There isn't a code for Conservation Reserve Program Income. Your system will not let me leave it blank and file. I can't be the only one with this issue.
See if the information on the IRS website will provided assistance - https://www.irs.gov/businesses/small-businesses-self-employed/conservation-reserve-program-annual-re...
Where to report CRP payments on the federal tax return
Individuals must report all CRP payments on Schedule F, Profit or Loss From Farming, line 4a, Agricultural Program Payments. The amount of “annual rental payments” must be reported on line 4b, Taxable Amount, except to the extent it is for the permanent retirement of cropland base and allotment history (generally reportable on Form 4797, Sales of Business Property). The “annual rental payments” are not rentals from real estate and should not be reported on Form 4835, Farm Rental Income and Expenses, or Schedule E, Supplemental Income and Loss. The cost-sharing payments must be reported on Schedule F line 4b, Taxable Amount, unless they qualify for the cost-sharing exclusion. For more information about this exclusion, see the section titled Cost-Sharing Exclusion (Improvements) in IRS Publication 225, Farmer’s Tax Guide.
