Question

I'm filing Married, Filing Jointly. My wife is an artist, and has licensing/royalty income for her art sales. Where do I put that on Schedule C?

Forum|Forum|4 years ago
April 3, 2022
1 reply
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I know it's income, but I don't think it fits under "Royalties" as that appears to be properties (real estate) only.

TurboTax Self Employed Online

Royalty income is reported on Schedule E, but it sounds like your wife is in the business of creating and selling art, so she would report this as business income on Schedule C. You would report it as "Other self-employed income, includes 1099-K, cash and checks". Income received for copyrights, licensing, patents, etc are considered royalty payments, but only if you aren't in the business of creating such works.

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