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Sched F or C and F both?

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    Sched F or C and F both?

    I have a client who has a farm and some product sales of non-farmed items. In the past, he has a sched C and a sched F, I'm thinking I can show everything on Sched F, right?

    #2
    Originally posted by Super Mom View Post
    I have a client who has a farm and some product sales of non-farmed items. In the past, he has a sched C and a sched F, I'm thinking I can show everything on Sched F, right?
    Not according to the IRS.

    In an audit that I had on a welder/farmer, the IRS said that the welding income and related expenses go on a Schedule C, the farming income and expenses on a Schedule F.
    Jiggers, EA

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      #3
      I think it may work the way dog business on c calf business on f. Recent audit said to look at character and relationship of income.

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