Question

I got a 1099 MISC for my investment. Box 2 was checked, the program wants me to link to sch C or Sch E. It's not either, what do I do?

Forum|Forum|2 years ago
February 17, 2024
2 replies
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This is from my financial intuition for my investment account

TurboTax Online

DoninGA

Box 2 is for a royalty payment. Royalties are entered on a Schedule E.

DawnC

Box 2 is for royalties, and that income does get linked to Schedule E. Instructions are linked below.

Investment income from property you own – This includes natural resources extracted from your property by a third party who leases your property, as well as royalties from intellectual property that you didn't create yourself. This gets reported on Schedule E. How to enter a 1099-Misc for Royalty Income

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