|
In response to
"Tax Stuff: Previously my royalties for novels was being posted under Rental, royalty, partnership, S corp, trust. This year, TaxAct wants to call it.."
by
Qale
|
Were you paying self-employment tax on it before? Putting it on the Schedule C will have SE tax calculated.
Posted by
spamlet
Feb 2 '16, 07:16
|
It's probably not a business for Schedule C purposes. TaxAct was probably right in prior years.
|
Responses:
|