Rich80104
Returning Member

Investors & landlords

Thanks for clear direction and IRS references.  Please advise if one does meet Federal exemption requirements, how does one handle the 1099 entry into Turbo Tax and then the "forgetting" of this income due to special rule?

 

Secondly, given the answer to Federal question, and if 1099 is totally forgotten Federally, does 1099 get entered into State return only?  In this case HI?

 

Thanks!