Schedule K-1(Form 1065) and schedule E

[ky39]

K-1(Form 1065) on line 7, royalties is $0, but Turbo says I should link to Schedule E worksheet, but there's no address to fill out since no rental properties.  I filled out K-1 since I have partner's share income of Brookfield Partners.

[Anonymous]

leave line 7 blank. if it is 0

if there are no royalty expenses on line 13I

and no footnote on line 20 to depletion do not link

address is not needed for location use Royalties

[Carl]

For royalty income, an address is not required. But if you want, you can use any address you like, such as the address of the issuer of the K-1, or the business mailing address, or even your own home address if you like.