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New Member
posted Jan 25, 2022 11:26:27 AM

1040 Schedule E Part 1 line 1a physical address for royalty income property is blank

The physical address on 1040 Schedule E part 1 line 1a is blank. Trying to report oil and gas royalty income. These are oil and gas fields that do not have a true street address like someone's house would. In the step by step process of entering information I put the legal description of the property and the county/state in which the property is located, but when printing schedule E the address is blank.

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1 Replies
New Member
Jan 25, 2022 1:00:51 PM

I think I can answer my own question. I looked at the schedule E instructions and it said for royalty property to leave the address blank and put 6 for the type of property.