topic Where on my taxes do I put what I pay in royalty fees in Investors & landlords

Where on my taxes do I put what I pay in royalty fees

cfuentes15 — Tue, 04 Jun 2019 20:05:52 GMT

I pay royalty fees on a business where do I put that in my taxes

edycaring — Tue, 04 Jun 2019 20:05:52 GMT

Are local sales tax paid deductible

DianeW — Tue, 04 Jun 2019 20:05:54 GMT

@edycaring It's best if you ask your question at this link so that you can track it: <a rel="nofollow" target="_blank" href="https://ttlc.intuit.com">https://ttlc.intuit.com</a>
Include whether this is for a business.

DianeW — Tue, 04 Jun 2019 20:05:56 GMT

On your business return you can use the miscellaneous expenses category to deduct the royalties you paid.

TurboTax online version:

1. Sign into your account and select your current return.

2. Select My Account on the top right and then select Tools

3. Select Topic Search (see attached image)

4. Search for business and select Go

5. Start business entry by following the screens.

TurboTax desktop version:

1. Use the Search box in the upper right

2. Search for business, schedule c

3. Jump to business. schedule c (see image attached)

4. Continue to Start or Edit your business

5. Follow the screens to enter your information. Choose Other common business expenses (see images attached)