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    • Created with Sketch. Intuit Biz e-filing closure on December 21 at 6:00PM PST. Select your product for more Hot topics. Lacerte | ProConnect | ProSeries
    Created with Sketch. Intuit Biz e-filing closure on December 21 at 6:00PM PST. Select your product for more Hot topics. Lacerte | ProConnect | ProSeries
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    post-death grain sale

    jsandy
    Level 2
    ‎02-05-2021 09:30 AM

    How do you report income from a 1099-PATR which is a grain sale from grain that was inherited?

    0 Cheers

    This discussion has been locked. New comments cannot be posted on this discussion anymore. Start a new discussion

    5 Comments 5
    sjrcpa
    Level 15
    ‎02-05-2021 09:34 AM
    Spoiler
    Income in respect of a decent has the same character as it would have for the decedent. So I'm guessing Schedule F or Form 4835.
    The more I know, the more I don't know.
    IRonMaN
    Level 15
    ‎02-05-2021 09:40 AM

    Looks like you are enjoying playing the spoiler here 😀


    Slava Ukraini!
    0 Cheers
    sjrcpa
    Level 15
    ‎02-05-2021 09:46 AM

    I didn't even realize I did that.

    The more I know, the more I don't know.
    IRonMaN
    Level 15
    ‎02-05-2021 09:51 AM
    Spoiler
    But you did --------- so I had to give it a try to see if I like it 🤔

    Slava Ukraini!
    BobKamman
    Level 15
    ‎02-05-2021 10:00 AM

    It's complicated.  See pages 3-6 of this seminar slide show:

    https://www.calt.iastate.edu/system/files/premium_video_files/Farm%20Assets%20-%20PPT.pdf

     

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