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What is the income?
It's investment income from various structured investments such as Callable Contingent Income Securities.
You should have reported the income as capital gain income from investment sales. You can follow these steps to enter investment sale income in TurboTax:
But the income isn't capital gain, it's ordinary income from the structured securities reported on a 1099-MISC and not a 1099-B.
I have the same issue
Did you ever find a solution to this?
Yes, but I needed to buy the downloadable version of TurboTax and then you can override the forms to add it. That was last year. This year I bought the downloadable version again and TurboTax didn't address the issue and I had to override it again.
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