rjs
Level 15
Level 15

State tax filing

@jkm88  I have corrected the answer that I posted earlier. Please return to the TurboTax community to read the corrected answer. The correction is that rental income or loss is a separate income category. It is not combined with business income. But the basic answer to your question is the same. You have to report your rental income or loss on your New Jersey tax return, even if the net is a loss. TurboTax is reporting it correctly.