You'll need to sign in or create an account to connect with an expert.
Follow the instructions in the TurboTax FAQ below for steps on how to enter your Royalty Income. Click "See entire answer" for the full page view.
When taxpayers are issued Form 1099-Misc, this income must be reported on the long Form 1040 and supporting schedules must be included with your return. If the income is from an investment, that's Schedule E, Supplemental Income and Loss. If the income is from your business, that's Schedule C, Profit or Loss from Business.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
berbellsc
New Member
heartless7980
New Member
1af508e64a2d
New Member
yoursinxx
New Member
eltonrsmith
Returning Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.