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Get your taxes done using TurboTax
Hi JohnW152,
I figured out why form N-158 is required in HI Tax is because of the Investment Interest Expense reported in Schedule K-1 entered in Form 1040 under Deductions and Credits, Line Retirement and Investments. Having said that, TT should be creating and filling up form N-158 to be able to e-file HI, N-11 tax return. Necessary information to fill up N-158 is entered in Form 1040 gathered from Schedule K-1. This will enable e-file. Meanwhile, thank you for your response.
Best regards,
Al
‎April 19, 2022
5:06 AM
1,125 Views