Dan Posted January 13, 2018 Report Posted January 13, 2018 Question: If you need to file both forms (form 1040 Schedule F) and (form 4835) do you need to separate the CRP payment from the PLC payment or can you put both payments on the schedule F form. The farmer receives the CRP payment because he is in charge of the land that has the CRP. The tenant farms the ground where the PLC payment is concerned, he getting 2/3 and the landlord getting 1/3? If you must separate these payments, how do you do that in ATX when you only get one 1099G form? Quote
Dan Posted January 14, 2018 Author Report Posted January 14, 2018 PLC stands for "price loss coverage", a government program payment. CRP is a payment received for putting the land into grass. 1 Quote
Abby Normal Posted January 15, 2018 Report Posted January 15, 2018 If the 1099 is part nominee, just back out the nominee part as an expense to avoid matching errors. 2 Quote
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