Form 1065 Schedule F agricultural activity codes

Tpollaro · ‎07-13-2020

Hi-My client boards horses. According to the IRS website this should be reported as farm income. Form 1065 Schedule F-Farm income and expenses does not have code 115210, which is specific to horse boarding. Any ideas how to work around or should I just list 112900-Other animal production?

Nadia_TX · ‎07-15-2020

Schedule F Part IV state to not use Schedule F if it to report the income from caring for animals. Not sure if this would apply to your client.