Form 1099-MISC would be directed to a Schedule C if the question is answered that the rent was of personal property or equipment or that the royalty income is from your business, including artist royalties or operating a natural resources business. In such cases, the income would be subject to self-employment tax.
Rental and royalty income are typically reported on Schedule E and is generally not subject to self-employment tax.
The QBI deduction may be available for both schedules.
For more information, see:
Where do I enter income and expenses from a rental property?
What is the Qualified Business Income (QBI) deduction?
Can I get the QBI deduction on rental income?
How do I enter a 1099-MISC for royalty income?
