You have only two choices. The screen reads:
- Investment income from property you own
- Royalty income from your business, including artist royalties or operating a natural resources business (Schedule C)
Since you do not have income from a natural resource, you enter your income on Schedule C.
A royalty property is a right to income from natural resources like oil, gas, or mineral properties.
This might also include royalty payments you'd get from copyrights and patents, but only if you are not in the business of creating such works. An example of this might be a patent you purchased in order to collect fees by licensing the patent.
If you regularly create intellectual property such as a copyright or patent (for example, you're a professional author), you should report income from this self-created property as Business Income, not as investment royalties.
