No. The amount should be reported in Box 2 of your 1099.
Go into your TurboTax return. Not
sure you're in there? Click on the orange Take me to my return button.
- Search for Royalty and then click the "Jump
to" link in the search result.
- Answer Yes to the question Did you have
any rental or royalty income and expenses?
- Follow the
on-screen instructions as you proceed through the royalties section
