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I received a 1099-G for money associated with reforestration. However I need to enter my expenses associated with reforestration. Where do I enter the expenses?
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I received a 1099-G for money associated with reforestration. However I need to enter my expenses associated with reforestration. Where do I enter the expenses?
To enter expenses incurred in the reforestation:
- Go to Less Common Income, Miscellaneous Income and Other reportable income (enter "other reportable income" in the Search Box and Select "Jump to other reportable income")
- Continue to the screen "Other Taxable Income". Enter the description as "1099-G Reforestration Costs" and the amount as a negative number. These are NOT wages.
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I received a 1099-G for money associated with reforestration. However I need to enter my expenses associated with reforestration. Where do I enter the expenses?
To enter expenses incurred in the reforestation:
- Go to Less Common Income, Miscellaneous Income and Other reportable income (enter "other reportable income" in the Search Box and Select "Jump to other reportable income")
- Continue to the screen "Other Taxable Income". Enter the description as "1099-G Reforestration Costs" and the amount as a negative number. These are NOT wages.
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I received a 1099-G for money associated with reforestration. However I need to enter my expenses associated with reforestration. Where do I enter the expenses?
I need to know where you received the guidance for this solution. Thanks. I want to do this but need some verification that it is acceptable.
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I received a 1099-G for money associated with reforestration. However I need to enter my expenses associated with reforestration. Where do I enter the expenses?
Is an attached Statement needed for this treatment? I submit a statement because I am a nominee recipient of the 1099-G. Would I include this reforestation expense on that same statement or prepare a second statement?
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