DanO
New Member

Get your taxes done using TurboTax

Yes, the amount found in Box 2 of 1099-MISC are for the royalties fees that are paid to the franchiser.

As a franchise operator the amount is reported on your schedule C as a business expense.

The following TurboTax products can be used for reporting self-employed business.

TurboTax Online Self-Employed

TurboTax Business and Home Desktop