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cdales455
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Where should I put "royalty" income from property I don't own?

 
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Cindy0H
New Member

Where should I put "royalty" income from property I don't own?

Royalties are in the same section as Rentals. This includes natural resources extracted from your property by a third party who leases your property, as well as royalties from intellectual property that you didn't create yourself. This gets reported on Schedule E.  Here's how:

https://ttlc.intuit.com/replies/4792182

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