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Level 1
March 11, 2024
Question

Generate form 4835 (1065 Return)

  • March 11, 2024
  • 1 reply
  • 5 views

I have multiple clients renting out farm land for Cattle Grazing. I would like to code the income and expenses to form 4835 - Farm Rental Income & Expenses for both IRS and California - is there any way to do this in a 1065 Partnership return? (I can only find a way to generate this form on the 1040)

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    1 reply

    IntuitRebecca
    Level 6
    March 14, 2024

    Hi there,

    Lacerte doesn't support form 4835 in the partnership module. You may want to check the IRS instructions to see if the activity could be reported on form 8825 instead.