Can I put my 1099 s sales of trees as income on my forestry an farm income?

[delkem13]

I file a farm and forestry return do I put my income from selling trees on

on sched F.? 

[Hal_Al · Accepted solution]

Generally, no. Even for a farmer, a timber sale is usually considered a capital gain. For a full discussion, see:

https://www.fs.fed.us/spf/coop/library/taxpubfaqs.pdf

Additional references:

 https://www.extension.purdue.edu/extmedia/FNR/FNR_FAQ_2.pdf

http://www.timbertax.org/developments/Federal%20Income%20Tax%20on%20Timber-%20A%20Quick%20Guide%20fo...

[2cuppjuu]

no because theres no receipts