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juliek
New Member

Do I need to fill out a form 4835?

I share Kansas farm rental income with 2 siblings and receive a 1099-MISC.  I'm a resident of Maryland and do not participate with the farming.  I pay tax every year.  Do I need a Form 4835?

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Cattlerancher
New Member

Do I need to fill out a form 4835?

If you receive rental income (even from a farm) and it's reported on a 1099-MISC, box 1 you enter this income in Rental Property and Royalties (schedule E). Form 4835 is only used when you receive a share of the crop as rental income (known as share crop rental income), not a cash rental.

Please see page snip below;

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1 Reply
Cattlerancher
New Member

Do I need to fill out a form 4835?

If you receive rental income (even from a farm) and it's reported on a 1099-MISC, box 1 you enter this income in Rental Property and Royalties (schedule E). Form 4835 is only used when you receive a share of the crop as rental income (known as share crop rental income), not a cash rental.

Please see page snip below;

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