How (where) do I report my SAG-AFTRA income received as earnings type "SAG-AFTRA Foreign Royalty"?

Forum|Forum|6 years ago
June 4, 2019
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TurboTax Self Employed Online

Best answer by MichaelDC

This will be reported as "Other Income" on your return and eventually on Line 21 of your 1040.

SAG-AFTRA Foreign royalties are not residuals and are collected as a result of laws in other countries, which were adopted in the 1980s. Those laws provide for payments to artists in audiovisual works to compensate for private copying (home taping), cable retransmissions, video rentals and other uses of such works.

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CallMeCooper

I'm pretty sure I understand your answer to do this for my foreign royalties: I was confused because the first three quarters of this year like the past five years for the royalties from this project I was receiving a W-2 for it (incl. Receiving a W-2 for the first three quarters of 2020 from WB), but strangely, it was only foreign royalties for the fourth quarter of 2020 which were then taken over for the fourth quarter by Media Services instead of WB... the fourth quarter happened to only be foreign royalties so is this the reason that is the first time of my working as a professional actor under Union contracts in the USA that I didn't receive a W-2? All other television networks, movies, Etc., have always sent me a W-2 and all the work we do under Screen Actors Guild contracts come under W-2 as all those producers are included as part of our being employees and not independent workers!?

Is this case solely because it is foreign royalties?

mglauner

@CallMeCooper Many types of income are reported as 'Other Income' if not reported on a W-2 or 1099 form.

Click this link for more info on Foreign Royalty Income.

CallMeCooper

Strange... My question was the reason I've NEVER before received this as a 1099 because it was SOLELY Foreign Royalties?! There have always been foreign income from Royalties/Residuals, but MAYBE since there was previously BOTH, then WB combined it all, no matter what they taxed or didn't tax.

I understand how to report this but this way it becomes Schedule C income when the work was under an employer and only the payroll company changed. This way, it becomes Self-Employment income and will confuse those who gauge my income as Self-Employment for a negligible & random $18 for One Quarter, after 6 years on one TV Episode, foreign royalty.