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Level 1
March 23, 2021
Question

Where do I list income from 2 other oil companies?

  • March 23, 2021
  • 2 replies
  • 23 views
I found room for only one royalty.

2 replies

KathrynG3
Level 14
March 23, 2021

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?

JohnB5677
Level 15
March 24, 2021

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

 

You will go to:

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

You can post multiple royalties in this section.

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