DianeW777
Expert Alumni

Deductions & credits

These expenses will be listed on the Schedule E for your royalty. Use the steps below to add your expenses to your Schedule E for your royalty income.

  • Search (upper right) > type royalties > Click the Jump to... link > Edit beside your Royalty Income
    • OR
  • Tax Tools (left panel) > Tools > Topic Search > Type royalties > Enter 
    • Select the expense categories you want, then edit beside each one to add the expense.

@TexasBear10 

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