I received a 1099-MISC for royalties on a book published 30 years ago. How do I answer the question on "materially participate" in the operation of this business in 2018?

[dsteiner]

I received a 1099-MISC for royalties on a book published 30 years ago. How do I answer the question on "materially participate" in the operation of this business in 2018? I haven't done anything on the book since it was published.

[KarenJ · Accepted solution]

Yes, you need to say you materially participate as you wrote the book.  The 1099-MISC should be entered into the Rental and Royalties section of TurboTax. 

[dsteiner]

Thank you. Are those royalties qualified business income?

[KarenJ]

I believe they are!