Yes ... you are correct. The 1099-MISC did include royalties in Box 2. And yes, it did link to a Schedule E. However, I wasn't sure what to name this Schedule E ... because the amount from the 1099-MISC was a total of $1,946.34 ... but it is comprised of $634.25 from SABINE ROYALTY TRUST and $1,312.09 from another trust ... NORTH EUROPEAN OIL. So, line 4 does have the total amount of $1,946.34. Is this the proper way to section out two different payments on Schedule E of a royalty payment? I put "North European Oil and Sabine Royalty Trust" in the area of "property description."
I am using the desktop version ... so I can see the forms.
I went to the "Online" menu at the top of TurboTax and found a place to "Share Screen Code." I am assuming you can use this ??? It is: 097 110. There is also an option to "send tax file to agent" if that is more appropriate?
