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Level 1
June 1, 2019
Question

How do we enter the rent payment recieved for farm land rented out as part of our property that we live in?

  • June 1, 2019
  • 1 reply
  • 19 views
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Level 7
June 1, 2019

If you received a cash payment for farm land that you rented to someone else, enter the amount in Rental and Royalties Income (schedule E). Whether you live there or not, does not make any difference.