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55ss
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1099-G for Agricultural programs

I received a 1099-G for an Agricultural payment I received for soil remediation. We do not own or rent a farm. Our state has a government reimbursement program for property owners who engage in soil remediation from a leaking heating oil tank on their property. When I try to enter this income into Turbotax, it asks me if it's for a farm I own or rent...how do I answer this question or properly file this 1099-g income?

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1 Reply
PatriciaV
Expert Alumni

1099-G for Agricultural programs

If you choose Taxable Grant as the type of payment for Form 1099-G, TurboTax will not tag this as farm income. Income reported as an Agriculture Payment is assumed to be related to a farm. As long as you have evidence for the purpose of the payment you received, you will be able to answer any questions the IRS may have (this is not common).

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