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vadivu
New Member

How to remove Royalty part of Schedule E in 1099-MISC form? Even though I haven't populated any value, the system populated it automatically.

 
2 Replies

How to remove Royalty part of Schedule E in 1099-MISC form? Even though I haven't populated any value, the system populated it automatically.

Delete the 1099 entry and the Sch E to remove any trace of it ...

 

Please see the information below for assistance with deleting this tax form:

https://ttlc.intuit.com/community/accessing/help/how-do-i-view-and-delete-forms-in-turbotax-online/0...

Carl
Level 15

How to remove Royalty part of Schedule E in 1099-MISC form? Even though I haven't populated any value, the system populated it automatically.

Assuming you have rental income and that 2020 is the first year dealing with rental property, Go into the Rental and Royalty Income (SCH E) section of the program and delete the SCH E. Then you can start that part over. If you have rental income reported to you on a 1099-MISC, do not, under and circumstances and with no exceptions, enter anything for box 2 of that 1099-MISC. Not even a zero, and not even a space.

If this is "NOT" your first year dealing with rental income, then we'll need to take another approach. If you delete that SCH E then you will lose *ALL* of your rental property depreciation history. The only possible way to recover it, is to either clear the return and start over from scratch so you can import it again from the .tax2019 tax file, or enter that depreciation history manually, one keystroke at a time.

 

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