Turbo Tax wants me to enter a royalty information on Schedule E when I do not have royalties. I have rental income but not royalties. How do I fix this problem.

Forum|Forum|5 years ago
March 30, 2021
1 reply
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TurboTax will not let me file online unless I fix this. I have tried multiple times with no success. Can someone please help?

TurboTax Self Employed Online

MayaD

If you received form 1099-MISC, make sure you reported the rental income in TurboTax in box 1.

Royalty income is income received from allowing someone to use your property. Royalty payments for the use of patents, copyrighted works, natural resources, or franchises are most common.

Revisit the Royalty section to delete anything that might be there.

Login to your account.
Select Federal from the left menu
Go to Wages and Income then Income and Expenses.
Scroll down to Rental Properties and Royalties and click Revisit.
Select Edit beside any property that is untitled or that shows Royalties
Use the trash can or click delete to remove it.

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SouthernAZ

I have the same issue for one of our two rental properties. I have gone back through that property twice and it is not untitled and is indicated as a rental, not royalty, property; but TurboTax demands a royalty amount be entered before I can file electronically. I have tried entering small amounts, but it still revisits the royalty amount for just that one property and will not let us file.