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Get your taxes done using TurboTax
For the Royalties you can link it to Schedule E as long as on the 1099-Misc you received it was not reported in Box 7. If the income was reported in Box 7 the you need to report it on Schedule C.
On the Residuals if the amount of the income is in Box 3 and you answer the questions it will flow to as Other Income and does not need to be connected to Schedule C or F.
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February 16, 2020
8:33 AM