What form should I use to report 1099NEC from logging harvest from my land by a logging company?

[plee4277]

Income is from the sale of the logs to a mill.

[DianeW777 · Accepted solution]

It depends.  If you are not in the business of selling logs and this was a 'one time' event you can report it as 'Other Income'.  Keep records and your 1099-NEC, with your tax files, should you need it later.

Other Miscellaneous Income:

1. Sign into your TurboTax Online account
2. Go to Tax Home (left panel)  Wages and Income  section 
3. Scroll to  Less Common Income > Select  Miscellaneous Income, 1099-A, 1099-C
4. Select Other reportable Income > Enter a description (----) and the amount

If on the other hand you are in the business of selling logs, then you should report your income using the steps for self employment in the link.

• How do I report income from self employment?

Screen image if you use Other income.