Solved: Where and how to I put in the info for a 1099 misc for oil and gar royalities on the Pennsylvania tax forms?
Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Announcements
TurboTax has you covered during Covid. Get the latest second stimulus info here.
cancel
Showing results for 
Search instead for 
Did you mean: 
New Member

Where and how to I put in the info for a 1099 misc for oil and gar royalities on the Pennsylvania tax forms?

 
1 Best answer

Accepted Solutions
Employee Tax Expert

Where and how to I put in the info for a 1099 misc for oil and gar royalities on the Pennsylvania tax forms?

Oil & Gas royalties are reported on PA schedule E, line 2. 

First enter your Oil/Gas Royalty on the federal return under the Rental/Royalty section. Then under your PA state tax tab, you will find the page, 'Rents,Royalties, Patents, Copyrights. Continue to enter the PA schedule E information.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post

1 Reply
Employee Tax Expert

Where and how to I put in the info for a 1099 misc for oil and gar royalities on the Pennsylvania tax forms?

Oil & Gas royalties are reported on PA schedule E, line 2. 

First enter your Oil/Gas Royalty on the federal return under the Rental/Royalty section. Then under your PA state tax tab, you will find the page, 'Rents,Royalties, Patents, Copyrights. Continue to enter the PA schedule E information.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post

Dynamic Ads
v
Privacy Settings