MichaelDC
New Member

Investors & landlords

This will be reported as "Other Income" on your return and eventually on Line 21 of your 1040.

SAG-AFTRA Foreign royalties are not residuals and are collected as a result of laws in other countries, which were adopted in the 1980s. Those laws provide for payments to artists in audiovisual works to compensate for private copying (home taping), cable retransmissions, video rentals and other uses of such works.

  • Federal  >>
  • Wages & Income >>
  • Less Common Income >>
  • Miscellaneous Income >>
  • Other reportable income  You can enter your own description(s) and amount(s).

Please feel free to post any additional details or questions in the comment section. 


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