Royalty income cards allow you to model royalties that a client is receiving now or in the future.
You can add royalty income into RightCapital within the Income section of the Profile (or the Income step of the initial data entry process), by clicking Add Income > Other > Royalty:
Royalties are taxed as ordinary income (Line 5 of the Schedule 1, Line 8 of the 1040). Payments can be tracked within the Retirement > Cash Flows > Summary page, by clicking into Income Inflows > Other Income.
