How to answer the question "Did you stop working in Book publishing in 2025?" I don't plan to write more, but I will still be receiving royalties. Do I answer Yes or No?

ferraro914 — Mon, 09 Feb 2026 15:38:57 GMT

Re: How to answer the question "Did you stop working in Book publishing in 2025?" I don't plan to...

AnnetteB6 — Mon, 09 Feb 2026 15:45:56 GMT

If you will not be actively working in the field, then you will not be reporting income and expenses on Schedule C in the future. This means you can answer 'yes' to the question about stop working in book publishing.

When you receive royalties in future years without actively working in book publishing, that income will be reported on Schedule E moving forward.

topic How to answer the question "Did you stop working in Book publishing in 2025?" I don't plan to write more, but I will still be receiving royalties. Do I answer Yes or No? in Investors & landlords

How to answer the question "Did you stop working in Book publishing in 2025?" I don't plan to write more, but I will still be receiving royalties. Do I answer Yes or No?

Re: How to answer the question "Did you stop working in Book publishing in 2025?" I don't plan to...