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Investors & landlords
This is unusual in the sense that this should not be reported on a Schedule F but a Schedule E along with form 4835. If recorded properly, the rental income will appear in part V, line 40 of the Schedule E. This amount is generated from Form 4835. Here are the precise steps to report so that both of these forms appear in your return.
- Go to federal>income and expenses>
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Rentals, Royalties, and Farm>
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Farm Income and Farm Rental
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Did you have any farm or farm rental income in 2021? Yes
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Tell Us About Your Farm or Farm Rental Income. indicate I received agricultural payments on a 1099-MISC or 1099-G for my farm rental
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When it asks you about your Farm rental. For EIN, put your Social Security number if you don't have an EIN.
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Now when it asks about rental farm income, check the box that says Farm Income Reported on 1099-MISC and then record the information
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if you have expenses, you can record these in Farm income and Expenses paid.
I am thinking you may missed the step in step 5 that specifically mentions that this is a Farm Rental and not farm income.
@TerryS81230
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