Re: Where do I enter my 1099 misc royalties? - Community
New Member

Where do I enter my 1099 misc royalties?

 
Level 15

Investors & landlords

what type of royalties? some types get entered on schedule E others get entered on schedule C. 

Level 15

Investors & landlords

Royalty income reported in box 2 of a 1099-MISC is reported on SCH E. You'll deal with that in the Rental & Royalty Income (SCH E) section of the program, when you get to that point in the program.

Note there are three areas in the program where a 1099-MISC can be entered. Which of the three you use depends on what box the income is reported in. In your case, if the income is reported in box 2 then it gets reported in the Rental & Royalty Income (SCH E) section of the program.

 

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