1899564
Before I am able to submit my 2020 return the system indicates I need to enter a value for my "Royalty income from form 1099-Misc" This is per Schedule E worksheet line 4-1099 misc. While I do have a rental with the rental income listed correctly on line 3, my royalty income is 0 per my provided 1099 misc from my management company. Thus I am stuck, I have no royalty income but the system won't let me say I have 0 royalty income.
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Delete the 1099-MISC and re-enter it anew. Leave box 2 completely blank. Do not enter even so much as a space for block 2.
That worked out, Thank you.
My problrm is that i have no rental income I have royalty income i am not sure what is wrong the worksheet is correct it just not accepting my answers
Use Chrome browser and clear browser data
Form 1099-MISC: Miscellaneous Income is completed and sent out by someone who has paid at least $10 in royalties.
THANK YOU SO MUCH @MaryM428! You saved my bacon with this post. I called in for help and spoke to 2 different agents who were unable to provide a workable solution and kept referring me to generic 1099-misc entry guides. Deleting the 1099-MISC forms related to my oil and gas royalty property and going back through the wizard got me past the looping correction errors and allowed me to e-file.
Adam
Clearing my browser cache worked, thanks! If it helps, I deleted all of the Schedule-E forms listed, though perhaps I didn't need to.
Also, I suspect my issue was related to choosing a rental income option that didn't apply this tax year, which left an entry for 1099-K/additional rental income that I couldn't completely delete.
I am having the same problem but I do not have a 1099 misc!
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