T.T. is trying to show my royalty income 1099-Misc on Schedule C instead of Schedule E. Box 7 is NOT checked. How can I get it to show it on Sch E?

[roger-schulz]

I asked a similar question before and the answer was use Sch C if box 7 is checked but E if it isn't. It's not, and I would like to use E. How do I get T.T. to do this?

[TomD8]

Does the royalty income appear in Box 2 of your 1099-MISC, as it's supposed to?

[roger-schulz]

Yes

[TomD8 · Accepted solution]

Enter your 1099-MISC in the Other Common Income section of TurboTax, on the 1099-MISC line, with the royalty income in Box 2.  Then on the next page, Source of 1099-MISC Income, select Investment income from property you own (assuming that's your correct royalty source).  This will prompt TT to generate Schedule E.

[roger-schulz]

I got to the bottom of SCH E wks and it asks me to link a QBI worksheet. What is that? Is my book writing considered a "Qualified Business"?

[TomD8]

I refer you to the IRS page on QBI:
<a rel="nofollow" target="_blank" href="https://www.irs.gov/newsroom/tax-cuts-and-jobs-act-provision-11011-section-199a-qualified-business-i...>