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Royalty Income from Equities
I own some shares of BP Prudhoe Bay Royalty Trust and have a 1099-MISC from my brokerage firm reporting royalty income. When I enter the 1099-MISC info into TurboTax, TT attempts to force me to associate that income with either (1) a property I own, or (2) royalty income from my business. This royalty income is from NEITHER of those choices and is causing TurboTax to hiccup and not allowing me to continue progressing my return.
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‎April 8, 2023
7:39 AM