@bartonomus
Yes, if you receive royalties from mineral rights, that income is reported on Schedule E. To confirm the property is set up correctly, go to Rental and Royalty Properties, select the property in question and review the information under Property Profile. Be sure it's marked Royalty and not Rental.
Only rental properties are eligible for mortgage interest and depreciation You may report any related expenses from the Property Summary page. TurboTax will calculate percentage depletion based on your royalty income.
Note: The original question was about a lease bonus, not royalties.
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