Thanks Carl,
Appreciate your quick response. Along with 1099-Misc I received, I also received a note describing section 1235 of the IRS that concluded royalty payments were eligible for capital gain treatments. I believe one member before me also reported a similar note in this thread and then I read many members in this thread describing reporting of royalty I099-Misc income and then equal subtraction, and eventual reporting in the bonds section as capital gain as schedule D so I am confused.
