While this is an inherited investment, the income from it is taxable to you.
To enter the Form 1099-MISC:
- Log in to your return
- Click on Federal Taxes
- Click on Income & Expenses
- Scroll to Other Common Income
- Click Show More if needed
- Click the button beside Form 1099-MISC
- You will be asked if you received Form 1099-MISC
- On the next screen, you will be asked to enter the information from your Form 1099-MISC.
Work your way through the questions.
Look at further information about reporting royalty income below :
https://ttlc.intuit.com/replies/4792182
