To report Crop Insurance Proceeds listed in Box 9 of the 1099-MISC, go to:
- Federal Section
- Income
- 1099-MISC
Complete the Form 1099-MISC and click Continue. The program will ask, “Where would you like to add the income?” Click "Create a New Schedule F Income from Farm" to carry the crop insurance proceeds from Form 1099-MISC to Schedule F.
If you already have a Schedule F, click the three dots to the right of the Schedule F listed to carry the proceeds to the existing Schedule F.
How do I report crop insurance proceeds when I did not get a 1099-MISC Form?
If you did not get a 1099-MISC form for the crop insurance proceeds, enter them directly on the Schedule F. After completing the basic information about the farm, enter the proceeds in the 'Crop insurance proceeds and disaster payments received this tax year box.
To make entries directly on Schedule F:
- Federal (Select my forms)
- Income
- Profit or Loss from Farming - Schedule F
Additional Information
Please review our Knowledgebase article and the instructions for additional information about Schedule F Profit or Loss from Farming.