Capital Gains and Losses
Questions and comments about tax rules for buying and selling stocks, mutual funds, real estate and other assets.
Structured products
Posted by: Jwdilley, September 11, 2017 07:45PM
Structured Products pay out something titled "Misc. Income". Is this taxable?

Re: Structured products
Posted by: Art, September 11, 2017 08:57PM
I would guess this ends up on your form `1040 line 21 as miscellaneous investment income and taxed as ordinary income.

Do you know on which form/box they report this income to you?

Re: Structured products
Posted by: Jwdilley, September 17, 2017 05:16PM
Reported on line 3 OTHER INCOME.
The "TRANSACTION TYPE " is "MAKE WHOLE PAYMENT.

Re: Structured products
Posted by: Art, September 19, 2017 03:56PM
Not familiar with this exact situation, but it does sound like misc investment income, reportable on form 1040 line 21 as such.



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