Dereedy51
New Member

Gas Royalties reported on 1099-MISC

What is the correct place to enter the royalty income?

I entered it in Rental and Royalties which prompted an entry in 1099-MISC but this results in duplication of this income.  Once as 1099-MISC as the gross amount and once as the Rental and Royalties income as the net amount. 

I have started over three times on entering this and have not been successful in eliminating the duplication.