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ScheduleE 1099-Misc Aqyre
I have finished entering all my 1099-Misc forms.
I have 2 Royalty 1099-Misc forms They are Oasis Petroleum Inc and Liberty Resources.
I have a 3rd oil income. It is from AQYRE Energy LLC and it is listed in Box 1 of their 1099-Misc form as "Rents" This one is an oil lease not a royality. The paperwork from the above 3 companies agress in what entered in Turbo Tax.
I have done all my paperwork in Turbo Tax but at end review it is telling me Schdule E is not done because "income from Rental real estate and income from royalities must be reported as separate properties in Schedule E"
I have tried to fix this but it is not working. Please help me fix this.
AQYRE is a oil lease not a royality income.
Lou <removed> [phone number removed]
March 24, 2020
5:01 PM