turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

lahaijp
New Member

Are oil well royalties on 1099 Misc self employment income?

 
Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply

Are oil well royalties on 1099 Misc self employment income?

No, they would go in the rental section as they are considered passive income not subject to Self-Employment tax. 

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies