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February 27, 2021
Question

Farm rental for cash

  • February 27, 2021
  • 1 reply
  • 0 views

I am entering the farm cash rental I received for 2020.  however on the Business Sources Smart Worksheet the information was pulled over from last year and is asking me to re-enter it thus causing the worksheet to have multiples of the same farm.  How do I correct this?  the software wont allow me to remove the duplicates and enter the correct information.

    1 reply

    March 4, 2021

    Yes, you should be able to delete any farm rental activity that should not be there. There could be two places to check for this.

    First I will give the standard instruction for deleting forms in your tax return.

     

    TurboTax Online

    1. While in your return, click on Tax Tools > Tools (in the black bar at the side of your screen).  
    2. In the Tools Center, under Other helpful links click on Delete a form.
    3. Click Delete next to the form you want to delete and follow the onscreen instructions. 
    4. Once you have finished deleting the desired form(s) click the Continue with My Return box (in the lower right of your screen).

    TurboTax CD/Download

    1. Go into Forms Mode by clicking on the Forms icon in the top right of the blue bar
    2. In the Forms in My Return list on the left, click on the form you wish to open and delete.
    3. Click on the Delete Form box at the bottom of the screen.
    4. To return to the interview, click on the Step-By-Step icon in the top right of the blue bar. 

    Next you can go to each area of the return, if necessary to remove unwanted forms for farm rental.

    1. Open your TurboTax account > Business tab or Wages and Income > Scroll to Farm Income and Expense or Rentals, Royalties, and Farm > Update or Revisit (depends on the version you are using).
    2. Delete the extra activities
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