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Where do I list income from 2 other oil companies?
I found room for only one royalty.
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March 23, 2021
10:56 AM
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Investors & landlords
If you have two other oil companies, enter them individually.
For more information about entering Royalty Income, see: How do I enter a 1099-MISC for royalty income?
March 23, 2021
11:12 AM
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Investors & landlords
It looks like you have Premiere. that is the correct software to do this.
You will go to:
- Rental Properties and Royalties (Sch E)
- Your 2020 rentals and royalties summary
- You can Add another rental or royalty
You can post multiple royalties in this section.
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March 24, 2021
8:35 AM