Taxes: How/Where to Enter Royalties?
I'm treating writing as a hobby at this point, since the income isn't that high, and I have almost no expenses. IOW, I'm not filling out a schedule C.
I'm entering data from all the 1099-MISCs that I received from Amazon and Smashwords. But in TaxAct, when entering data from a 1099-MISC, it skips box 2 (royalties) and goes right to box 3 (Other income). IOW, it doesn't give me a chance to enter the value in box 2.
Where do I enter my meager income from writing? Line 17 on the 1040 (Rental real estate, royalties, partnerships, S corporations, trusts, etc. Attach Schedule E)?