turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Why do i show a loss in farm income? i said I didn't have any farm income, and I don't own a farm?

 
1 Best answer

Accepted Solutions
MeganS
New Member

Why do i show a loss in farm income? i said I didn't have any farm income, and I don't own a farm?

If you don't have a farm please follow these steps to go in and delete that information.

  1. With your return open in TurboTax, enter Farm Income and Expenses in the search box, then press the Enter key.
  2. Click the Jump to Farm Income and Expenses link in the search results.
  3. Click Visit All
  4. Continue to the Tell Us About Your Farm or Farm Rental Income screen.
  • Make sure only the first box is checked (I have income from operating a farm) even though it doesn't make sense. Click Continue.
  • On the Farm Summary screen, click Delete to the right of the farm entry.
  • On the following screen, answer Yes.
  • If necessary, repeat Steps 5 and 6 for other farms. When finished, click Done.
  • https://ttlc.intuit.com/replies/4801212

    View solution in original post

    1 Reply
    MeganS
    New Member

    Why do i show a loss in farm income? i said I didn't have any farm income, and I don't own a farm?

    If you don't have a farm please follow these steps to go in and delete that information.

    1. With your return open in TurboTax, enter Farm Income and Expenses in the search box, then press the Enter key.
    2. Click the Jump to Farm Income and Expenses link in the search results.
    3. Click Visit All
    4. Continue to the Tell Us About Your Farm or Farm Rental Income screen.
    • Make sure only the first box is checked (I have income from operating a farm) even though it doesn't make sense. Click Continue.
  • On the Farm Summary screen, click Delete to the right of the farm entry.
  • On the following screen, answer Yes.
  • If necessary, repeat Steps 5 and 6 for other farms. When finished, click Done.
  • https://ttlc.intuit.com/replies/4801212

    Use your Intuit Account to sign in to TurboTax.
    By selecting Sign in, you agree to our Terms and acknowledge our Privacy Statement.
    message box icon

    Get more help

    Ask questions and learn more about your taxes and finances.

    Post your Question
    message box icon

    Ready to start your taxes?

    Hand off your taxes, get expert help, or do it yourself.

    See Pricing
    Manage cookies