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phredo2
New Member

Hybrid farm lease, which schedule or form to use?

If I have a hybrid farm lease (base cash rent + share of production) do I use Schedule E or Form 4835? Or both? This is for an estate 1041; does that make any difference?

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M-MTax
Level 11

Hybrid farm lease, which schedule or form to use?

This is for an estate 1041; does that make any difference?

 

Do not use Form 4835 if you were a/an:
...............
• Estate or trust with rental income and expenses from
crop and livestock shares—instead report on Schedule E
(Form 1040), Part I.......

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