Retirement tax questions

If it is taxable compensation on a 1099-NEC and you pay the SE tax and report is as self-employed income then yes.

 

To actually be a royalty (for tax purposes)   takes more than just "calling" it a royalty - it must be reported as such.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**