This royalty income is from inherited rights to royalties for oil exploration. I do not have a business, rental or otherwise. I do nothing for this income. I just want to know what box to check.

moo34 — Wed, 05 Jun 2019 18:57:15 GMT

Enter the 1099-MISC "Oil and gas" royalty income in the...

ToddL — Wed, 05 Jun 2019 18:57:16 GMT

Enter the 1099-MISC "Oil and gas" royalty income in the Rental Properties and Royalties (Sch E) interview found under the Federal Taxes > Wages and Income > Rental Properties and Royalties.

In the first interview screen that asks for information on the 1099-MISC (" Is this a Rental Property or Royalty?") , you must check "Royalty property or payment".

Answer to the succeeding interview questions will depend on the type of royalty payment you received. Please update this answer with a Comment if you encounter further questions.

topic This royalty income is from inherited rights to royalties for oil exploration. I do not have a business, rental or otherwise. I do nothing for this income. I just want to know what box to check. in Investors & landlords

This royalty income is from inherited rights to royalties for oil exploration. I do not have a business, rental or otherwise. I do nothing for this income. I just want to know what box to check.

Enter the 1099-MISC "Oil and gas" royalty income in the...