WHY DOES MY 1099-MISC FORM NOT HAVE A LINE #2 TO REPORT ROYALTIES?

[bjasfv]

DO I JUST PUT IT IN LINE 3 AS OTHER INCOME? THE FORM ON DELUXE IS INCOMPLETE

[TeresaM · Accepted solution]

Royalty income from a business go to a Schedule C , although other types of royalties go to a Schedule E.  Here are the directions to open the path to enter your royalty 1099-MISC.  There will be questions after entry that will help determine whether it belongs on Schedule C or Schedule E.

• Sign in to your TurboTax account.
• Select Take me to my return.
• Type " 1099misc " in the Search box, in the upper right-hand, with the magnifying glass
• Click on the blue " Jump to 1099misc "link
• This will take you to the 1099-MISC entry screen with a box 2 available
• There will be questions after the entry that will direct the information to the Schedule C or Schedule E