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April 9, 2020
Question

How do I enter royalties I receive from a cast album I participated in? Because the amount is low, I do not receive a W2 or 1099.

  • April 9, 2020
  • 1 reply
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1 reply

GiseleD
April 9, 2020

Here's how to enter this income:

  • Search for Royalty and then click the "Jump to" link in the search result.
  • Answer Yes to the question Did you have any rental or royalty income and expenses?
  • Follow the on-screen instructions as you proceed through the royalties section.

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