Question

I don't understand why the "farm optional method" was used on schedule SE form? I don't have a farm. Where in turbotax should I check to see if I made a mistake?

Forum|Forum|7 years ago
June 4, 2019
4 replies
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TurboTax Self Employed Online

M

MeganS

Employee

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

https://ttlc.intuit.com/replies/4801212

N

niels

There is a bug in TT. Sch SE, p2-S shows a number on line line 14 even when I have clearly stated that I do not have a farm.

M

maggiejtx

I was reviewing my already submitted 2020 tax return since my refund has passed the three week mark and is still processing. I see that there is a number listed under farm income. This must be a glitch in the turbotax system. I am a virtual assistant.

J

JamesG1

A hard copy of IRS Form 1040 Schedule SE Self-Employment Tax includes the value '5,640' in Part II line 14. Is this what you are seeing?

Are entries on your Schedule SE only in Part 1 on lines 1a through 12?

You may also have elected to use Part III Maximum Deferral of Self-Employment Tax Payments on page 2.

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"

D

Denormanee

****This Is The Best Answer****

Thanks JamesG1

This completely solves the mystery. Good to know that this is just how the IRS form is.

P.S. I tired to click the thumb, but the website won't let me. It also doesn't show how I can mark this as the "Best Answer" so I did what I could to let others know.

G

GreginCA

Try moving the Check Box mark on the Estimated Tax Worksheet from "Farm" to one of the first two boxes.

Y

yeahitselabhar

I'm looking over my 2022 taxes that I just filed, and I noticed the same thing. Do I need to amend my return now? They were already accepted at the federal level, but the refund was not accepted yet.