- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
Here is a quick step-by-step to get you to where you want to be for your Royalty Income situation given that you state it does not pertain to "C" Income:
Personal > Personal Income > Skip W2s for now and click on "Continue" > Scroll down to "Other Common Income" section > See "Income From Form1099-MISC" - Click on Start to the right of that line > Click on "Yes" > Fill out the Payor Field, The SS/FID # field (whichever applies), and fill in the amount for Box 2 - Royalties then click on "Continue" > If either selection option applies to you, then select the appropriate one - my guess is that for your situation this would be the first option as you state this is NOT "C" income > click "Continue" > It will then prompt you to enter Investment Information on a Schedule E.