Enter the Royalties Amount
Locate Schedule E in the tax software.
Enter the royalties amount from the 1099-NEC on Line 4 (Royalties).
Specify the Type
Under Section 1 on Schedule E, Page 1, enter "6" for the Type.
📌 For a step-by-step tutorial, check it here:
Tutorial: How to Add a 1099 NEC with Royalties in Taxwise