Note: This form is planned for a future release and is not yet available in PaisaTax. The information below is for educational reference only.
What is Form 4835?
Form 4835 reports income and expenses from farmland you own and rent to a tenant farmer on a crop-share (or livestock-share) basis — meaning you receive a share of the crops or livestock as rent rather than a fixed cash payment. Unlike Schedule F, this is not self-employment income because you're a landlord, not a farmer.
SupportedKey Lines
| Line | Description | Source |
|---|---|---|
| Line 3 | Rental income (crop/livestock share) | Preparer input |
| Line 4 | CCC loans forfeited | Preparer input |
| Lines 5–30 | Rental expenses (equipment, insurance, interest, labor, rent, repairs, seeds, supplies, taxes, utilities) | Preparer input |
| Line 32 | Total expenses | Sum of Lines 5–30 |
| Line 34 | Net farm rental income/loss | Income - expenses |
How PaisaTax Handles It
- Manually added — one slot per farm rental operation
- Flows to Schedule E — net farm rental income flows to Schedule E Line 40, then to Schedule 1 Line 5
- Not subject to SE tax — unlike Schedule F, this is passive rental income
- Passive activity rules apply — losses may be limited
Common Situations
- Crop-share rent: You receive 1/3 of the corn crop as rent. Report the fair market value of your share on Line 3.
- Cash rent: If you receive fixed cash rent for farmland, use Schedule E Part I instead of Form 4835.
- Material participation: If you materially participate in the farming operation (not just as a landlord), use Schedule F instead.