Schedule E for Royalties from common stock

[mindanyote]

For Royalties reported on 1099-MISC for shares of common stock (BP Prudhoe Bay Royalty TR) it seems I need to complete a Schedule E and report among other things, the full street address of the property and number of days the property was rented...It's not clear to me exactly how such Royalties should be reported in Turbo Tax.

[LenaH]

Please follow the steps below to correctly report your royalties from common stock:

1. Open your return.
2. Search 1099-MISC and select the Jump-to link.
3. Enter your royalties in Box 2.
4. Select Investment income from Property you own for the page titled Source of 1099-MISC Income.
5. Enter Stock Royalty on the page Rent or Royalty 1099-MISC Income screen.
6. Search for Schedule E and select the Jump-to link. 
7. Click Edit next to the Stock Royalty entry.
8. Select Royalty under What are you here to report?
9. Enter your Royalty name and your address on the basic information screen.
10. Answer the remaining on-screen questions.