How can I add investment income from Box 1099-MISC to Form 8960 Part I Line 7? It is not flowing through.

[ayurowitz]

I received a 1099-MISC for investment income. I have been able to find out to input without triggering Sch C/self employment taxes, but the income is not flowing onto Form 8960.

[KrisD15]

What is the income? 

[ayurowitz]

It's investment income from various structured investments such as Callable Contingent Income Securities. 

[ThomasM125]

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:

1. Choose the Federal option on your left menu bar
2. Choose Wages & Income
3. Choose the Investments and Savings (1099-B, 1099-INT, 1099-DIV, 1099-K, Crypto) option
4. Choose Add investments
5. Choose the Stocks, Bonds, Mutual Funds option and follow the instructions

[ayurowitz]

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.  

[Johnnymauler]

I have the same issue

[Johnnymauler]

Did you ever find a solution to this?

[ayurowitz]

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.