If you’ve recently added new transactions to your FarmRaise Tracks and want to make sure your Schedule F reflects those updates, here’s exactly how to do it.
Steps to Update Your Schedule F
Go to the Schedule F generator
Open your FarmRaise dashboard and navigate to “Generate your Schedule F”.
Click on “Schedule F 2024”
This will open the most recent version of your tax document.
Press the “Edit” button
Look in the top right-hand corner of the screen.
Clicking “Edit” doesn’t require you to change anything manually, but it tells the system to reprocess your data.
Review the Questionnaire (Optional)
In 2024, FarmRaise now auto-calculates several answers in the Schedule F questionnaire.
You may still want to walk through it with your accountant to confirm accuracy.
Press “Save”
This will prompt the system to regenerate the Schedule F with your newly added transactions.
Check the top of the page
Look for the updated timestamp to confirm your Schedule F has been refreshed.
Download your updated Schedule F
Once saved, you’ll be able to download the new version with your latest information included.
Additional Notes
If you’re not seeing changes reflected after these steps:
Double-check that the transactions are dated correctly and fall within the correct year.
Open your Schedule F and look at the last column to confirm that transactions landed in the correct category.
Need help? Reach out to our team any time at [email protected] or by clicking the green circle in the bottom-right corner of the website. We’re happy to walk through it with you.
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