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Level 3
posted Feb 1, 2022 11:06:26 AM

What section and prompts to use to report Crop Share Income?

For my tax situation we need to use form 4835, Schedule E and 8995.  But exactly where in TurboTax do I go to report this crop share income and expenses. Please be specific if certain prompts I need to follow.

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1 Replies
Expert Alumni
Feb 1, 2022 12:11:36 PM

To enter Form 4835 Go to Federal TaxesIncome & Expenses, then scroll down and find a tab for All Income.

Find the topic "Rentals, Royalties, and Farm" and choose Start or Update.

 

It goes on the same page as "Farm."  You have to check the "no" box when it asks about active participation in order for it to flow to Form 4835.