Yes. If the Income from 1099-MISC is reflected in Box 2 it will be reported on Schedule E with your Tax Return. Per the IRS: Royalties from copyrights, patents, and oil, gas, and mineral properties are taxable as ordinary income.
Please follow the directions below to enter your royalty income:
Type in royalty income in the search box (upper right side of screen)
Click the jump to royalty income link.
On the next screen titled "Income from Rentals or Royalty Property You Own", answer yes.
Answer the interview questions to input your royalty income.
On the page titled Is "This a Rental Property or Royalty" you will enter your own address for the property address.
