PatriciaV
Employee Tax Expert

Get your taxes done using TurboTax

You may need to return to the 1099-MISC topic and review your entries. The royalties should have been reported in Box 2, which prompts TurboTax to ask you the source of the royalties. The second choice is appropriate for book royalties. On the next page, check the Schedule C writing business. That should be the last question for 1099-MISC.

 

Now go to Self-Employment (Schedule C), select Edit/Update beside the writing business and follow the interview. FYI: business code is 711510 for writers. 

 

TurboTax should not ask about Schedule E if you have reported this income for a self-employed business.

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