I received 1099-MIsc for mineral rights royalties. Noticed on Schedule E it asks if I was required to spend $ on this. I didn't. Do I still need to file Schedule E?
I received 1099-MIsc for mineral rights royalties. Noticed on Schedule E it asks if I was required to spend $ on this. I didn't. Do I still need to file Schedule E?
Yes, royalties are reported on a Schedule E (as well as rentals).
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