1099-nec

[Anonymous]

received a 1099-nec from a hospital for $36,000 box 1. I am not employed or self-employed by them. the sum was for the selling of my stock (surgery center) to them as they purchased the center.  I bought the stock for $65,000 in 2011.  i want to treat it as investment income as it is a lost. how do i handle the 1099-nec (skip it, put 0 etc.) and can i just enter it in the investment income section?

thanks in advance peter

[MaryK4]

You will enter in the investment section and delete the 1099-NEC entry in TurboTax since you will be reporting the income as an investment.