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3981tubo
New Member

How do I put may expenses in for royalies(timber)

I am using turbotax home and business

Where do I put my royalties expenses?

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JulieR
Expert Alumni

How do I put may expenses in for royalies(timber)

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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1 Reply
JulieR
Expert Alumni

How do I put may expenses in for royalies(timber)

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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