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Level 1
June 6, 2019
Question

Hello. We have a farm with income/deductions....Where do I put this information?

  • June 6, 2019
  • 1 reply
  • 13 views
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1 reply

Level 2
June 6, 2019

If you own and/or operate a farm, the income you earn from farm activities and resources can be reported on Schedule F, Profit or Loss From Farming.

TurboTax can help you report this income and any related expenses. In TurboTax Self-Employed you will find this option under Wages and Income.

You can get more information on reporting farm income by visiting http://www.irs.gov/pub/irs-pdf/i1040sf.pdf.