The first of those two options is exactly what this is. You invested in a trust that gets royalty income from other sources and passes it on to you.
Go to the 'Wages and Income' section of your federal return and scroll down to '1099-MISC and Other Common Income'.
Click 'start' next to 1099-MISC'
Enter the payer information and enter the $24 in the 'box 2 royalties' box.
Check 'Investment Income from Property you Own'.
The description is 'Cross Timbers Royalty Trust'. There is no address.
Now, unless you have deductions related to that trust you are done.
@optimusa5
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