You'll need to sign in or create an account to connect with an expert.
Royalty income from operating a natural resources business gets reported on Schedule C.
Royalties from intellectual property that you didn't create yourself gets reported on Schedule E.
Once you've selected the proper classification, follow the onscreen instructions.
Royalty income from operating a natural resources business gets reported on Schedule C.
Royalties from intellectual property that you didn't create yourself gets reported on Schedule E.
Once you've selected the proper classification, follow the onscreen instructions.Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
lorsydorts
New Member
manbeing
Level 6
manbeing
Level 6
mjdempsey52
New Member
Gordo5
Level 1
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.