Get your taxes done using TurboTax
You may be referring to IRS form 1099-K reported as Other Income on line 8 of the Federal 1040 tax return.
If the other income reversal entry does not flow from the Federal tax return to the NJ tax return, you may be able to make the reversal entry on the NJ tax return at the screen Other Non-Wage Income.
However, that entry may make your New Jersey tax return not eligible for electronic filing. We have seen this message.
What was the nature of the income that you are reporting?
TurboTax software now has additional entries at the bottom of the screen Let's get the info from your 1099-K which may be helpful to you.
