Thank you, thank you, TurboTaxMaryEllen, for a clear and sensible answer about the proper treatment of book royalty income for those of us who simply wrote a book once, and are not in any way operating a business to write and sell books! In the terms used in the TurboTax help to differentiate the possible sources of 1099-MISC income, our book royalties are investment income, just like someone who makes money from leasing a piece of property to an oil or gas company.
