Oil and Gas Lease Bonus
I entered my 1099-MISC in turbo tax under other common income then it was expanded on in the Royalties section of TurboTax. It is listed on the1099 in Box 1 as Rents and that is how I entered it int both places.
This is the response I get when getting ready to file or run smart check:
Schedule E Worksheet (Property Address) Line 3--1099 misc -- Income from rental real estate and income from royalties must be reported as separate properties on schedule E.
I don't have any royalties just a lease bonus. When asked after I typed everything in it made me put a "0" in for Royalties. My schedule E print out shows where it should be, but it won't let me file.
