due date override
how do you over ride due date of 4/18/11 for farmers?
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mgreenecpa
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Questions answered: 1
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02/05/11 10:53am PST
Viewed by asker 02/09/11 7:07am PST
Viewed by asker 02/09/11 7:07am PST
9 Replies
Charlotte256
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Accountant Community AllStar
Advisory council of Accountant community power users.
02/05/11 11:05am PST
Best Answer - Chosen by the Community
No overrides allowed. Schedule F has several "Check this box" items. The fourth one changes the due date.
When anyone doing nothing needs help, I will gladly help that person do nothing.
02/05/11 11:11am PST
I don't do any farm returns so good thing Charlotte came along before we used up the last of the white out.
02/05/11 11:54am PST
I simply took a quick glance at Sch F and answered the question. It appears that there are a lot of questions asked because the asker did not look at the entire form being worked on.
02/09/11 7:19am PST
Then why didn't you state the pertinent information the first time?
02/09/11 9:33am PST
>>>The farm income comes from a K-1 not schedule F. I can read.<<< But whether you can write is another question altogether.
I'm not certain that farm income from a K-1 does extend the due date. It would certainly be subject to the 2/3 rule. But after that last crack, Mr. Greenjeans can research it himself.
02/09/11 11:09am PST
Farm income from K-1 does qualify if 2/3 of all income is from farming including the K-1 income fo to 2210F and check box near top of form
peterhawaii
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02/09/11 11:28am PST
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I am thinking for K-1 S Corporation ProSeries Professional has a line 6 to report other income including farm income and the instructions to K-1 then tell you what Form to report the Farm Income. I would think it would tell you to report the income on Schedule F.
Could you tell us what kind of K-1 you are receiving, what line the farm income is on and if the K-1 has any special instructions for reporting the farm income.
