Reporting farm income (only a CRP payment) in personal or business income

[staylor89]

All I receive is a CRP payment. I have no other income from the property.

[Cattlerancher · Accepted solution]

If you received a 1099-G for your CRP payment, enter it in the Farm Income and Expense section of TurboTax under Payments from Government, reported on a 1099-G. Then answer the important questions just below that in the Ag Programs interview, they may apply to you. Be sure to add any expenses such as real estate taxes, insurance, mileage or weed spray and fuel.

[staylor89]

Thanks I did it as you stated.

[Cattlerancher]

Glad to help~

[1040TAX]

So Do you also enter it in personal income section or just skip this?

[WendyN2]

No, you only enter it that once. Otherwise it will "double up" that amount.