Timber Sales
Menu Path: Income > Common Income > Investments and Savings (1099-INT/DIV/B/DA)
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Menu Path: Income > Business / Rental Income > Business Income (Schedule C)
Enter on the Stock or Investment Sale Information screen or in the Business Income (Schedule C) section of the software.
Timber sales are shown as an investment sale on Schedule D, unless you are in the timber sales business, in which case it would be entered in the Business Income (Schedule C) section of the software and would be subject to self-employment taxes.
- or -
Menu Path: Income > Business / Rental Income > Business Income (Schedule C)
Enter on the Stock or Investment Sale Information screen or in the Business Income (Schedule C) section of the software.
Timber sales are shown as an investment sale on Schedule D, unless you are in the timber sales business, in which case it would be entered in the Business Income (Schedule C) section of the software and would be subject to self-employment taxes.
