DianeW777:
Thank you for the assurance that I am not doing anything unethical, immoral, or illegal by moving the 1099-MISC Box 3 (brokerage) investment proceeds onto Schedule 1, Line 8z. This is the first year I have held "ETN" assets in my brokerage; given their relative commonality and lucrative returns, I don't foresee liquidating my association anytime soon. However, in the 2021 TurboTax Premier Online user interface, there simply is no reasonable manner to report these incomes following either Form 1099-MISC link as each result in the same "self-work earnings and expenses" endpoint. I hope Intuit re-examines its Form 1099-MISC coding to accommodate the many non-"self-employment" reasons why such a document may be received by U.S. citizens before the 2022 tax return season begins.
Per your expert recommendation, I have filed my 2021 taxes with the recording of these non-wage Form 1099-MISC earnings as "Other reportable income" - encountering no error discrepancies (per the TurboTax software) in the process.
Thank you, again, for your guidance and patience, DianeW777. I pray my experience filing next year's non-wage Form 1099-MISC (Vanguard) earnings from these investment assets proves less dramatic.
Cheers.
