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Do i need to file schedule E or F for farm income?

Is a form 4835 also needed?

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New Member

Do i need to file schedule E or F for farm income?

If you operate a for-profit farm business raising farm products you file a schedule F only. Profits are called earned income and subject to SE tax.

Form 4835 is only used when you receive rental income from a farm in the form of a percentage of the crops raised on that farm, otherwise known as share crop income. This form flows to schedule E.

Schedule E is only used to report rental income paid to you in a monetary payment.

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Highlighted
New Member

Do i need to file schedule E or F for farm income?

If you operate a for-profit farm business raising farm products you file a schedule F only. Profits are called earned income and subject to SE tax.

Form 4835 is only used when you receive rental income from a farm in the form of a percentage of the crops raised on that farm, otherwise known as share crop income. This form flows to schedule E.

Schedule E is only used to report rental income paid to you in a monetary payment.

View solution in original post