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February 7, 2023
Question

trying to do 1099 Misc forms for gas well royalties I have checked and rechecked to form and it still tells me that it needs fixing? It comes up with Schedule E or C ?

  • February 7, 2023
  • 1 reply
  • 0 views
It will not let me file until this is fixed and I don't know how to fix it.

1 reply

February 7, 2023

I think that you are seeing the screen Source of 1099-MISC income.  TurboTax needs to know where the income should be placed on the tax return.

 

Investment income flows to Schedule E form 1040.  Royalty income from your business flows to Schedule C form 1040.

 

You may find more direction by clicking Learn more on the TurboTax page.  See also this TurboTax Help

 

@dyerr6 

 

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