How do I enter data for Schedule 1 Line 8z?

[sandcc]

An insurance dividend that “exceeds the total of premiums paid” was reported on a 1099-R and 1040 Instructions page 88 & 89 say to report this on Schedule 1 line 8z... how do I do this on TurboTax?   

[JamesG1 · Accepted solution]

To report income on Federal 1040 Schedule 1 line 8z, follow these steps:

• Down the left side of the screen, click Federal.
• Down the left side of the screen, click Wages & Income.
• Scroll down to Less Common Income and click on the dropdown menu.
• To the right of Miscellaneous Income, 1099-A, 1099-C, click the Start / Revisit button.
• To the right of Other reportable income, click the Start / Revisit button.
• At the screen Any Other Taxable Income, click Yes.
• At the screen Other Taxable Income, enter a description and the amount.
• Click Continue. 

The entry will be reported on line 8z of Schedule 1 of the Federal 1040 tax return.