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Deductions & credits
Yes, set up three different properties under the Rental Properties and Royalties section of Wages & Income. Be sure to indicate these are royalty properties and use a unique nickname for each one. Then enter the related Form 1099-MISC for each property. (To avoid duplication, do not enter the 1099's under the 1099 topic.)
Additional information: How to Enter 1099 Royalty Income & Expenses
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‎February 15, 2025
7:16 AM