turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

I got a 1099 MISC for my investment. Box 2 was checked, the program wants me to link to sch C or Sch E. It's not either, what do I do?

This is from my financial intuition for my investment account
Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

2 Replies

I got a 1099 MISC for my investment. Box 2 was checked, the program wants me to link to sch C or Sch E. It's not either, what do I do?

Box 2 is for a royalty payment.  Royalties are entered on a Schedule E.

DawnC
Expert Alumni

I got a 1099 MISC for my investment. Box 2 was checked, the program wants me to link to sch C or Sch E. It's not either, what do I do?

Box 2 is for royalties, and that income does get linked to Schedule E.   Instructions are linked below.  


Investment income from property you own – This includes natural resources extracted from your property by a third party who leases your property, as well as royalties from intellectual property that you didn't create yourself.   This gets reported on Schedule E.   How to enter a 1099-Misc for Royalty Income   

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies