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The best way to report this payment is in the "Other reportable income" interview. This is the very last interview in the Wages and Income section. Any other approach would be unnecessarily complicated and would not change your tax.
Enter it as "Crop Proceeds" in the Description box.
Navigation steps - (Federal Taxes > Wages and Income > Less Common Income > Miscellaneous Income)
The best way to report this payment is in the "Other reportable income" interview. This is the very last interview in the Wages and Income section. Any other approach would be unnecessarily complicated and would not change your tax.
Enter it as "Crop Proceeds" in the Description box.
Navigation steps - (Federal Taxes > Wages and Income > Less Common Income > Miscellaneous Income)
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