TurboTax

File with experts
File your taxes
Experts at your fingertips

An expert helps with your taxes, or does them for you
TurboTax Expert Full Service

TurboTax Expert Assist

TurboTax Self-Employed
Prior year taxes
File myself
File myself
Do it yourself

We'll guide you step-by-step
TurboTax Do It Yourself

TurboTax Self-Employed

TurboTax Desktop
TurboTax Free

Activate your product

Prior year taxes
Business
Business
Business taxes

Get your T2 corporate return done right, your way
TurboTax Business

TurboTax Business Desktop
Tax situations
Tax situations
Tax situations

Find extra guidance for your big life moves
For investors

For 25 and younger

For self-employed

For new to Canada

For life changes
Resources
Resources
Resources

Explore tax tools, get tips, and read reviews
Personal income tax calculator

RRSP savings calculator

Learning hub

TurboTax support (FAQ)

TurboTax community
Pricing

Community

Question

BOX 2 on 1099 NEC

Forum|Forum|1 year ago
February 16, 2025
1 reply
0 views

I was sent a 1099 NEC for royalty payments. Those are listed in box 2 but Turbotax only has fields for boxes 1and 4. How do I enter the information listed in box 2?

Royalties are reported on Schedule E and maybe should have been reported on Form 1099-MISC. There is no amount in box 2, of Form 1099-NEC.

Report the royalties by using the steps below.

Open your TurboTax Online/Mobile return
Search (upper right) > type royalties > Click 'See more' and click on 1099-MISC (complete this as though your form was a 1099-MISC, box 2 is royalties)
1. For TurboTax Desktop: Search (upper right) > type royalties > Click the Jump to... link
Continue to enter your royalty income and be sure to select 'Royalties' - do not rental

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"