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Investors & landlords
What is the best way to "wipe out" the rental income for rentals under 14 days? Isn't it important for the tax return to "acknowledge" the 1099 you get? I dont see a simple way in TurboTax to do this.
Also, does anyone know is the 14 day rule applies to NJ state income taxes?
Thanks!
‎April 20, 2022
4:16 PM