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Get your taxes done using TurboTax
Your royalty income is reported on SCH E. Under the Personal Income tab scroll down to Business Items and elect to start/update Rental & Royalty Income (SCH E). Pay attention to detail, because "rental" is selected by default, and you'll have to change it to "royalty income" since the income is reported in box 2 of the 1099-MISC and not box 1.
‎June 3, 2019
10:10 AM