Agricultural Payments - 1099-G - Farm or Farm Rental
I CAN'T BEGIN TO TELL YOU HOW FRUSTRATED I AM RIGHT NOW. Been using Turbotax for probably 20 years and now it just won't work.
THE PROBLEM IS THAT TURBOTAX KEEPS GENERATING A SCHEDULE F AND CALCULATING SELF EMPLOYMENT TAXES for my farm income.
I received a couple of 1099-G forms for Agricultural Payments related to my Farm (share cropping). I don't know if this has anything to do with the problem, but at the end of entering the 1099-G information, Turbotax asks if this is for "FARM" or "FARM RENTAL" - and I am never sure what Turbotax means when asking this question - suspecting one is tied to a Schedule F and the other to a Form 4835.
I have responded both ways, and no matter what, Turbotax insists on generating a Schedule F (as if I am a Farmer, as the farm is my source of income) - and generating a Self Employment Tax form along with the Schedule F. What is going on.
Can anybody tell me which one to pick, GIVEN that I am share cropping and do not materially participate in the farm - which has always caused all of the farm income to be recorded on a Form 4835. I have ALWAYS inputted the farm income in the Farm Income and Farm Rental section under Business Items.
I have inputted all of my farm stuff AT LEAST 6 or more times. I have removed the Schedule F AT LEAST that many times also. I think Turbotax has me or the farm input somehow marked so that it always generated a Schedule F marked as.
Can anybody help me out here. Something is going on here that I do not understand.
ron in shawnee