PattiF
Expert Alumni

Get your taxes done using TurboTax

Lease bonus payments are considered rental income. See IRS Tips on Reporting Natural Resource Income . 

 

  • Enter your 1099-MISC for rents in the 1099-MISC section as it appears.
  • Check that it is for Rental income from the rental of real estate (Schedule E)
  • Add Lease Bonus on the screen to select the rental or royalty that generated this income, and check that.
  • Continue through the rest of the section.

@The Big Daddy 

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