My 1099-Misc show both Royalties and Non-Employee Compensation. How do I report this and which Turbo Tax should I use? Thank you.

[barbara-stokes]

Although I have only one 1099-Misc, should I complete one entry for Royalties, then create a totally separate entry for Non-Employee Compensation?  The 1099-Misc shows a combine total.

[Lisa995]

Just treat it as 2.  One will have the royalties the other will have the NEC.

[MichaelDC]

You'll need TurboTax Self-Employed to take care of them both.

[barbara-stokes]

Okay.  Very Good.  Thank you Lisa995.

[barbara-stokes]

Much thanks TurboTaxMichaelDC.

[MichaelDC]

Enter the one 1099-MISC as if it's two - One as Box 2 for Royalties  and one as Box 7 Non-Employee Compensation. 

You'll need TurboTax Self-Employed to take care of them both.

My 1099-Misc show both Royalties and Non-Employee Compensation. How do I report this and which Turb...