I have a 1099-MISC from Getty Images Inc. for stock photography royalties entered in box 2. Do I enter this income under Rental Properties and Royalties (Sch E)?
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I have a 1099-MISC from Getty Images Inc. for stock photography royalties entered in box 2. Do I enter this income under Rental Properties and Royalties (Sch E)?
I have a 1099-MISC from Getty Images Inc. for stock photography royalties entered in box 2. Do I enter this income under Rental Properties and Royalties (Sch E)?
No, this type of royalty income is considered to be Self-Employment income, and is reported on Schedule C.
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