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After you finish entering your 1099-MISC, you will be asked about or see a section called 'royalty expenses'. You can report these production taxes, as well as any other expenses related to this income in this section. Screenshot attached.
im trying to enter a personal 1099 misc with a prod tax and can not get to where it is entered. i have entered and reentered, deleted and all to no avail. thank you!
@butch48
Expenses for Royalty Properties (like production taxes) are reported on Schedule E under Rental Properties & Royalties from the Income section of TurboTax.
Please see this post for specific instructions: How to Enter 1099 Royalty Income & Expenses
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