No, since I assume the royalty is going on a Schedule E. The Qualified Business Income Deduction applies to:
This new deduction applies to Schedule C filers (sole proprietorships and other self-employed businesses), LLCs, partnerships, S corporations, estates, and trusts. Certain rental enterprises may also qualify. Corporations are not eligible because they received their own tax breaks under the TCJA.
If you have other questions about this, ask in the comment section below.
This is a complicated issue. Here is a great FAQ that explains it all:
https://ttlc.intuit.com/replies/7019998
