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sywade
New Member

How do we enter other reportable income on turbo tax the amount is deductable under 2014-7?

 
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1 Reply
MinhT1
Expert Alumni

How do we enter other reportable income on turbo tax the amount is deductable under 2014-7?

You enter the non-taxable amount under Notice 2014-7 as a negative number in Other Reportable Income and describe it as Non-taxable amount under Notice 2014-7.

  • Click on Federal in the left-hand column, then on Wages and Income on top of the screen
  • Scroll down to All Income, locate the Less Common Income section
  • Click Show more and click Start next to Miscellaneous Income at the bottom
  • On the next page, click Start next to Other Reportable Income.
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