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Taxpayer has 1099G for box 6 taxable grant. I want to put on Sch F to take deductions. No way to do that with other income. What is the correct way to claim this?

Gotaxes
Level 3
Taxpayer had expenses in planting seed, trees, fertilizer, property taxes, purchase of tractor and plow, paid help to plant. How can this be deducted from the income of taxable grant unless we list on a Schedule F?
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2 Comments 2
sjrcpa
Level 15

Skip the 1099-G input section. Enter directly on Schedule F.


The more I know the more I don’t know.
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qbteachmt
Level 15

It's no different than operating income.

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