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Level 2
June 2, 2019
Question

Do I claim money received from an oil company for mineral rights as 1099 Misc. income?

  • June 2, 2019
  • 1 reply
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1 reply

Level 15
June 2, 2019

Yes, you should report this income as royalty income. Please follow the directions in the TurboTax FAQ below to enter this income.

https://ttlc.intuit.com/replies/4792182

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