dnoguchi
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This is the first year that we have received rent/royalties, so I am hoping that the rent part was just a one time signing bonus for signing the lease agreement...
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Should I enter the royalties as my address and the rental as my address - easement in order to separate the Schedule Es?
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Yes. The lease agreement says " To this end, Lessor hereby grants to Lessee a subsurface easement for all purposes associated with such directional/horizontal w...
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- Posted Re: 1099 MISC has both rent and royalties reported on Get your taxes done using TurboTax. April 11, 2022 4:07 PM
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- Posted 1099 MISC has both rent and royalties reported on Get your taxes done using TurboTax. April 11, 2022 2:17 PM