IRonMaN
Level 15
04-15-2024
01:11 PM
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You don't need to complete a 1099 in the software. Just directly enter the royalties on schedule E. Or if you are really into completing 1099s, you can put his name on the 1099 worksheet. As a side note, tell your client to update the ownership information with the entity paying the royalties so you don't have to worry about this every year.
Slava Ukraini!