DaveF1006
Expert Alumni

Get your taxes done using TurboTax

Yes, let me list the steps for you to compete in the Turbo Tax Business Trust product.

  1. Go to Federal Taxes
  2. Go to income>Rents and Royalties>continue
  3. Select Rent or Royalty>select royalty
  4. Just follow the prompts to finish the section.  Be sure to put in the income information regarding your 1099
  5. After you enter the income, then you can record any expense that you may have to offset your income.
  6. Once everything is complete, your Schedule E is generated in your return.
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