All royalty income is normally reported to you on a 1099-MISC in box 2. That income gets reported on SCH E. With TurboTax self-employed select the Business tab and elect to start/update Rental & Royalty Income (SCH E).
With all other versions of TurboTax, select the Personal Income tab, scroll down to Business Items and under that elect to start/update Rental & Royalty Income (SCH E).
One thing of importance is that you *READ* *THE* *SMALL* *PRINT* on each and every screen. Failure to do that will result in you incorrectly reporting the income and could potentially result in an audit 24-36 months after you file an incorrect tax return.
