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February 22, 2024
Question

My investment tax package for 2023 included 1099 Misc Income. The package listed the misc income as "Investment & Infrastructure Income". What does this mean?

  • February 22, 2024
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February 22, 2024

Infrastructure investing consists of investing in GDP-sensitive assets, such as toll roads, bridges and tunnels, airports, seaports, liquid bulk and other storage facilities, parking facilities and rail cars and lines.
 

To enter a 1099-MISC for miscellaneous income in TurboTax:

  1. Open or continue your return.
  2. Select Search, enter 1099-misc and select Jump to 1099-misc.
    • Or go to Wages & Income and select Start next to Form 1099-MISC under Other Common Income.
  3. Answer Yes to Did you get a 1099-MISC?
    • If you already entered a 1099-MISC, on the 1099-MISC Summary screen select Add Another 1099-MISC.
  4. Enter the info from your form into the corresponding boxes.
    • If you need to enter boxes 4–6 or 8–17, select My form has other info in boxes 1–18 to expand the form.

 

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