Question

1099 MISC not dissplaying

Forum|Forum|2 years ago
February 8, 2024
1 reply
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I have entered my 1099 misc forms that I received from royalty payments correctly. However, they are not being posted as income. The line that should show their income displays 0.

Any ideas. I called in for assistance and it was useless.

Thank you.

PatriciaV

Employee

In TurboTax Online, income from Form 1099-MISC that reports royalties will be included in the total shown for the Rental Properties and Royalties (Sch E) line on the Income and Expense screen.

If you entered 1099-MISC income that was not related to a business or rental property, there would be a separate line on the summary page.

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B

bsgloverAuthor

These were royalties from Mineral Rights my family owns. I received a 1099-Misc for each one. I entered them into the proper place, but still see nothing in any other lines. I have always entered these and other Royalties in the 1099Misc area and it has always shown the income properly.

Thank you for your assistance.

T

ThomasM125

I'm not sure where you are looking for the royalty income but it should appear on line 4 of schedule E and the total of your income reported on schedule E would show on Schedule 1 of your form 1040 on line 5. You may not see the income on schedule 1 as it may be combined with income or losses from other income or losses reported on schedule E. Can you clarify if you can see the schedule E and the royalty income does not appear on that schedule?

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