Old Form 4835 (Income and Expenses from my Ranch) - Form Deletion

I had some old farm rental income back many years. I sold that farm at least 5 years ago. Every year I do my desktop home/business return I'm asked by TT whether or not I have this farm rental income and I answer "No" and then it tells me that I need to keep the form anyway! (I believe b/c their was a passive loss associated with this).

Is there any way just to delete the form completely and forego the passive loss carryover? If so, can you give me the steps to complete that deletion (probably too late for this year, but I'll do it next return).

2029

Expert Alumni

Apr 9, 2025 2:46:35 PM

Consider selecting Edit at the screen Farm Summary.
Scroll down and click to the right of Final Details.
Cycle through the screens to see whether there is a carryover and what kind of carryover that may be found there.
Screen capture the items, and print out the pages. Retain the information for future use.

You may be able to remove the farm activity by selecting Delete to the right of the activity at the screen Farm Summary.

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Old Form 4835 (Income and Expenses from my Ranch) - Form Deletion