My client has been in product development for years, mostly different types of small tools. She goes 3-5 years with no income then collect license income which can last for 10+ years. Then the next cycle of losses and income starts anew.

This is a TOB based on the facts.

LC doesn't have a link for fixed assets, home office form or SE health insurance form to deduct against E Royalty income. 

So I wonder about putting the Royalties on Schedule C. The 1099 lists Royalties in Box 2 so the matching program would catch it right?

Any thoughts are appreciated.