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Level 2
January 29, 2022
Question

I am using Turbo Tax Premier on a PC. I added income information from my 1099 MISC for oil royalties. I have expenses from Production Taxes. where to enter those?

  • January 29, 2022
  • 2 replies
  • 9 views
I did not find a place or opportunity to enter expenses

2 replies

Carl
Level 11
Level 11
January 29, 2022

I'm using the desktop version. I selected the checkbox for "This income is reported on a 1099-MISC and the 1099-MISC has federal or state tax withholding". Then per the "note" that appeared, after entering my income I continued and then selected the "more expenses" button and just worked it through until I was returned to the Summary screen.

On the summary screen I selected Expenses, and one of the boxes presented is labeled "Taxes".

 

 

tfinke51Author
Level 2
January 30, 2022

Thank you