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Level 1
April 12, 2026
Question

I’m trying to file my 1099 miscellaneous for oil rights EQT does not have the address or the name of the property how am I supposed to file without it?

  • April 12, 2026
  • 1 reply
  • 31 views
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Level 15
April 13, 2026

@ jontroup87 

On your 1099-MISC, is it a royalty payment (Box 2) for mineral production on land you have an interest in?  Or is it a mineral lease payment (sometimes called "Bonus")  reported in Box 1, rents?   Or something else?

 

I generally name the property like "Oklahoma Mineral" or "California Mineral" or whatever.  If you need to or want to you can name it something more specific like "Smith County Mineral".  The property name is mainly so TurboTax can keep all the Schedule E entries straight on the Schedule E Worksheets and assign them to the right property.

 

Royalty income (Box 2 of 1099-MISC) does not require a property address on the actual Schedule E, but it might ask for it in the interview to show on the Schedule E Worksheet.   If it insists, then I do as the following:

 

Lease income (Box 1 of 1099-MISC) will ask for property address, but it doesn't have to be real specific for mineral property.  It's often difficult to know the specific address of mineral property or wells, so for mineral lease rental income for street address I generally just put the name of the County and for the city, I put the closest city to the property.  That seems to satisfy TurboTax--at least in my case.  

Level 15
April 13, 2026

@jontroup87   In the interest of time, I added some additional info to my answer above.