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Level 1
posted Mar 28, 2020 4:51:13 PM

1099-G reporting threshold

I have a income/payment of $288 for a 2019 Market Facilitation Program for crops.  I did not receive a 1099-G for this payment.  Do I need to report this payment on my tax return?  If so, how?

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1 Best answer
Expert Alumni
Mar 28, 2020 5:52:29 PM

Yes, you need to report it if you received it in 2019.

 

If you are reporting your Farm on Schedule F, report it on line 8 as other income.

1 Replies
Expert Alumni
Mar 28, 2020 5:52:29 PM

Yes, you need to report it if you received it in 2019.

 

If you are reporting your Farm on Schedule F, report it on line 8 as other income.