Is the FEIN in the Schedule F Input Section Required?
When filing Schedule F (Form 1040) to report farm income and expenses, the requirement for entering a Federal Employer Identification Number (FEIN) depends on your tax situation.
When FEIN is Required
- For Estates, Trusts, or Partnerships: If you are filing Schedule F as an estate, trust, or partnership, you must enter the Employer Identification Number (EIN) on line D. Do not enter your Social Security Number (SSN) in this case.
- For Qualified Retirement Plans: If you have a qualified retirement plan, you are required to have an EIN and must enter it on line D.
- For Employment or Excise Tax Filers: If you are required to file employment, excise, alcohol, tobacco, or firearms returns, you must use your EIN on Schedule F.
- For Payers of Gambling Winnings: If you are a payer of gambling winnings, you must also use your EIN.
When FEIN is Not Required
- If you are an individual farmer without any of the above requirements, you may leave line D blank.
- If you do not have an EIN, you are not required to enter one on Schedule F.
How to Obtain an EIN
If you need an EIN but do not have one, you can apply for it using Form SS-4. For more information, refer to the Instructions for Form SS-4.
Important Notes
- Do not enter another taxpayer’s EIN (such as from Forms 1099-MISC).
- Do not enter your SSN if you are required to use an EIN.
- Ensure the EIN entered is the one issued to you on Form SS-4.
Source:
Schedule F (Form 1040) Instructions
Disclaimer: Always verify information with official Federal or State Department of Revenue Forms and Instructions.