I created software at previous employer in 2018 (university). The employer licensed it and pay me royalties for it in 2020. I have a 1099MISC box 2. How do I report this?
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I created software at previous employer in 2018 (university). The employer licensed it and pay me royalties for it in 2020. I have a 1099MISC box 2. How do I report this?
I created software at previous employer in 2018 (university). The employer licensed it and pay me royalties for it in 2020. I have a 1099MISC box 2. How do I report this?
Royalty income is reported on SCH E. Under the Personal Income tab in the Business Items section is "Rental and Royalty Income".
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