I am using turbotax home and business
Where do I put my royalties expenses?
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Report your royalty expenses under the business section of your return under Rental Properties and Royalties. After you've entered the Royalty Description and other information and click "Continue", the next screen will allow you to enter the Income and Expenses (see screenshot below)
Report your royalty expenses under the business section of your return under Rental Properties and Royalties. After you've entered the Royalty Description and other information and click "Continue", the next screen will allow you to enter the Income and Expenses (see screenshot below)
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