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sharps18744590
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Royalty income of $83.20 in box 2 only on 1099-MISC

 
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Royalty income of $83.20 in box 2 only on 1099-MISC

 The Internal Revenue Service (IRS) requires gross royalties amount input in Box 2 of the 1099-MISC. There is a tax return Schedule E available from the IRS for Royalties where you can list your deductions and taxes to reach your net taxable value, 

Unfortunately Turbotax Deluxe does not have the Schedule E to report .1099-MISC can only be entered in Premier or Home and Business to flow Rents & Royalties on a Schedule E

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