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C
chris-menzel
April 12, 2024
Question

Is royalty income through an LLC considered self-employment income?

  • April 12, 2024
  • 1 reply
  • 0 views
Where do I add income reported on a 1099-MISC?

1 reply

P
PaulaM
Employee
April 12, 2024

If you are the royalty owner and not the producer, then the royalty is passive income and reported on Schedule E. Ener in the Rental and Royalties section to get started, be certain to mark the button that you have a royalty not rental to enter.

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