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Investors & landlords
I have the same situation. I just edited the form and moved the royalty trust income to Other Income. The previous answers are garbage, because the authors have no clue what a Petroleum Trust is. The royalty is not produced through the taxpayers business or job. It is the result of an investment, usually in the stock market, and needs to be treated as such. These trusts have been around for a hundred years and Turbotax should get their act together.
‎October 5, 2019
7:13 PM