How to enter a 1099-misc royalties income from rental property (Oil/Gas). I get "Days rented should not have any entry since this is a royalty property". I am stuck.
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How to enter a 1099-misc royalties income from rental property (Oil/Gas). I get "Days rented should not have any entry since this is a royalty property". I am stuck.
Another error is "Income from rental real estate and income from royalties must be reported as separate properties on Schedule E". All related to the royalties income on the 1099-MISC
How to enter a 1099-misc royalties income from rental property (Oil/Gas). I get "Days rented should not have any entry since this is a royalty property". I am stuck.
Back up and delete the Rental Sch E you accidentally started and then start again but this time choose royalty and skip the 1099 entry screens and only enter the income in the Royalty section.
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