Read Reply below. Very helpful. Received Royalty income on 1099MIS, do not own or rent property. After following instruction in Reply below I go to Schedule E and select "EDIT" .
How do I answer questions regarding a business name when I do not have a business related to Royalty income, when attempting to enter production taxes and deductions identified on 1099-MIS.
Please, Please, Please provide through instruction as found in Reply below for me to complete entering all steps necessary to complete this process.
Thank You
