ThomasM125
Expert Alumni

Get your taxes done using TurboTax

Investment gains and losses refer to the gain or loss on the sale of investments, such as from the sale of stocks. Qualified dividends are also to be entered under Enter Investment Gains and Losses as the income from them gets capital gains treatment, like gains and losses form investment sales.

 

On the next screen, Enter 2021Other Income, you  are to enter interest, dividends, retirement distributions, taxable social security, K-1 income, rental income and other miscellaneous income. Interest and dividends are a separate category of investment income, as that income may not receive capital gain treatment like you would normally get with investment gains and losses, so it needs to be entered separately.

 

You should not enter the same income in the two sections.

 

I don't see the net investment income option that you are referring to in my version of TuboTax, but you should not enter the same income twice.

 

 

 

 

 

 

 

 

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