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plrtb62
New Member

1099 MIsc

I published a book in 2021.  Received a 1099MISC with royalties, taxes were withheld.  I'm using Turbotax Deluxe.

When I enter the royalties in the 1099MISC area, nothing appears and it says that will be covered later.  I can find nowhere it is entered and no section for business income and expenses.

Looking for help. 

Thanks.

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1 Reply
AnnetteB6
Expert Alumni

1099 MIsc

Income reported on Form 1099-MISC for royalties for a product you created is reported on Schedule C when you are actively involved in the business of writing and publishing a book. 

 

In order to enter your Schedule C income and expenses, you will need to be using either TurboTax Online Self-employed or one of the CD/downloaded versions of TurboTax.  

 

Use the following steps to get started with your Schedule C:

  • On the top row of the TurboTax online screen, click on Search (or for CD/downloaded TurboTax locate the search box in the upper right corner)
  • This opens a box where you can type in “schedule c” and click the magnifying glass (or for CD/downloaded TurboTax, click Find)
  • The search results will give you an option to “Jump to schedule c
  • Click on the blue “Jump to schedule c” link

 

 

 

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