Why are agricultural program payments received on a form 1099-G added to farm expenses on the Income Summary page? They should be subtracted to result in net income.

[thehoustons]

Under Business Items, Farm Income and Farm Rental, the Farm Rentals Summary page subtracts expenses from the agricultural program payments to provide the net income (as expected). However, this net income value is not what is posted on the Income Summary page for Farm Income and Farm Rental. The value listed on the Income Summary page for Farm Income and Farm Rental is the sum of the agricultural program payments and the expenses.

[PatriciaV]

The Income Summary page is not always a reflection of your actual return. As long as the individual categories have been entered correctly, your final return should be correct. You can confirm this by reviewing Schedule F and Form 4835.

Additional Info: How do I get a PDF of my return?

[Nadine B]

Where do I enter 1099-G Box 6 taxable payments for a Farm?

[DianeW777]

This income will be reported as other common income using the steps below.

1. Open your TurboTax return > Select Income and Expenses > Scroll to Other Common Income > Select Other 1099-G Income > Start or Revisit
2. Select 'Yes' for 'Did you receive any of these payments on Form 1099-G? > Continue > Verify your name and address > Continue
3. Select the 'Type of Payment' you received > Continue > Complete your 1099-G and be sure to enter the amount in Box 6.
4. This income will show up on Line 8z, Schedule 1. You can preview your tax form using the steps below.

From the left rail menu in TurboTax Online, select Tax Tools (You may have to scroll down on the left rail menu.)

1. Select Tax Tools
2. On the drop-down select Tools
3. On the pop-up menu titled “Tools Center”, select View Tax Summary 
4. On the left sidebar, select Preview my 1040 

For TurboTax Desktop, change to 'Forms' and review the forms 

                       

@Nadine B