Got a 1099 w/ $750 royalties for an old book. T-Tax added Schedule C and added $300 to taxes. Should I have used a different form since I was not actively writing?

rick-mcdonald · ‎June 1, 2019

Did not write the book in 2018. Had to pay self-employment without doing any work on it.

If on the wrong form, how to I amend in Turbo Tax?

IreneS · ‎June 1, 2019

UPDATED FOR TAX YEAR 2019

Yes - You should have reported the royalties on Schedule E (Rentals & Royalties).

Please see the instructions contained in these TurboTax Help articles to amend your return:

[Edited | 4/15/2020 | 12:01pm PDT]

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IreneS · ‎June 1, 2019

UPDATED FOR TAX YEAR 2019

Yes - You should have reported the royalties on Schedule E (Rentals & Royalties).

Please see the instructions contained in these TurboTax Help articles to amend your return:

[Edited | 4/15/2020 | 12:01pm PDT]

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

Do you have an Intuit account?