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Get your taxes done using TurboTax
Your best option is to delete (trashcan icon) the entry under Income from 1099-MISC. Then go to Rental and Royalty Properties and Edit/Start the royalty property found there. Be sure the type of property has the "Royalty" box checked.
If TurboTax prompts you to enter an address for the property, use the actual address if you know it (look on the property tax bill if you have one). Or use your own address. The IRS instructions say address lines 1 and 2 should be left blank, but sometimes the program won't let you continue without an address.
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March 10, 2024
1:07 PM