Question
1099-K - personal goods - how to report on NJ return
Hello
For 1099-K's received for sales of personal goods sold at a loss (through vendors like eBay), how did you report this on the NJ personal return? There is a line in other income for 1099-K payments, but if I enter a negative amount to offset the income at the bottom, there is an error saying the tax return cannot be e-filed. I'm not trying to deduct a loss, just offset the income with a negative of the same amount.
On the federal return, I used the 1099-K worksheet and checked the box at the bottom for sold at a loss.
Thanks in advance for your help.
