Where do I list income from 2 other oil companies?

I found room for only one royalty.

posted

Connect with an expert

2 Replies

Where do I list income from 2 other oil companies?

If you have two other oil companies, enter them individually.

For more information about entering Royalty Income, see: How do I enter a 1099-MISC for royalty income?

Where do I list income from 2 other oil companies?

It looks like you have Premiere. that is the correct software to do this.

You will go to:

Rental Properties and Royalties (Sch E)
Your 2020 rentals and royalties summary
You can Add another rental or royalty

You can post multiple royalties in this section.

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

Still have questions?