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New Member
posted Jan 29, 2021 2:39:22 PM

How do I report Farm Rental income that goes on Form 4835. 4835 carries to sch E

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2 Replies
New Member
Jan 30, 2021 4:01:17 AM

Simple, a necessary upgrade, more$$$$$

Level 15
Jan 30, 2021 4:47:19 AM

Switch to the downloaded version to save money ... you only need the Deluxe version (Basic if you don't need a state return). 

 

To  continue in the desktop version see this…….
https://ttlc.intuit.com/questions/1901476-how-do-i-switch-from-turbotax-online-to-the-turbotax-software

 

To buy from TT direct:   https://turbotax.intuit.com/personal-taxes/cd-download/

            

You can also purchase the CD/download from various retailers such as Costco, Amazon, Walmart, Best Buy, Staples, Sam’s Club, etc. etc. etc.

 

FYI … if you don’t  buy the Deluxe program from TT directly then be aware that it is sold with AND without the state program … so read the ad carefully if you need a state.

 

This link Where can I obtain authentic TurboTax software? has a list of authorized TurboTax resellers.

 

 

If you qualify   you can use one of  the 10 IRS FREE FILE options to file a fed & state return for free ... but you must log in thru the IRS site :

 

https://www.irs.gov/filing/free-file-do-your-federal-taxes-for-free

 

 For Filing Season 2021, you must make $72,000 or below to use one of the 10  IRS Free File partner offers.

 

If you choose the TT option then you can log in with your same user ID and agree to switch to the FREE FILE option then your progress will be preserved.  This will only work if you qualify for the TT option which is NOT the same for other IRS FREE FILE options...

  

To qualify for free 2020 federal and state tax returns with the IRS Free File Program delivered by TurboTax, you'll need to meet at least one of these requirements:

 

  • A maximum 2020 adjusted gross income (AGI) of $39,000; or
  • You qualify for the Earned Income Tax Credit (EITC); or
  • You served as active duty military (including Reservists and National Guard) with a maximum 2020 AGI of $72,000 (you'll also need a military-issued W-2).