Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Feb 5, 2023 3:23:14 PM

I have a 1099-MISC for book royalties. This is not self-employment income. How do I report it?

These royalties are for a book I wrote over 10 years ago. Turbo Tax defaults to self-employment when you enter a 1099-MISC, but I'm NOT self-employed. How do I report this income?

1 1 446
1 Replies
Expert Alumni
Feb 6, 2023 6:00:45 AM

You are a business in the IRS's eyes.   

 

You do not have to carry on regular full-time business activities to be considered self-employed. You will file this income on Schedule C.

 

To file a Schedule C, here are the steps: 

  1. Sign in to your account and select Pick up where you left off 
  2. At the right upper corner, in the search box, type in schedule C and Enter  
  3. Select Jump to schedule C  
  4. Follow prompts, you might be prompted to an upgrade if you have expenses 

Tax Tips for Freelance Writers and Self-Published Authors