Anonymous
Not applicable

Business & farm

Answering the questions differently on TurboTax dictates which schedule is selected. I have done it both ways and the results are similar as far as the money owed (Schedule C vs E). The back of the 1099-MISC states to use E for "copyrights" in the Box 2 section: (Report royalties from oil, gas or mineral properties, copyrights, and patents on Schedule E (Form 1040). However, report payments for a working interest as explained in the box 7 instructions. For royalties on timber, coal, and iron ore, see Pub. 544)

This is why I am having a hard time determining which. So you are %100 sure that Schedule C is the correct form for this income?