Property description is mostly for your use. "Trust Royalty Property" seems appropriate. Yes, if the field is red, it must be completed.
If the income is reported twice, you'll need to either delete any income you entered under the Royalty Property income section or delete Form 1099-MISC (which may be easier).
It's unlikely this property qualifies for QBI, as most royalty properties do not.
Upgrade to TurboTax Live if you'd prefer to work with a tax expert who can answer your questions over the phone or with screenshare: How do I connect with a Tax Expert in TurboTax Live?
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
