RobertB4444
Expert Alumni

Investors & landlords

Listing it as rent rather than royalty doesn't change the answer - if it is a recurring payment then it is reported on a schedule E as rent or royalty income.  If it is a one time (or short term) payment then it should be entered on schedule 1 under 'Other Income.'  

 

@drmdvm46

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"