USA How do you classify book royalties paid to a client on tax form?

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Hello all,
I have recently started a small publishing company in the U.S.
My question is; how do I classify royalty payments made to my authors on my taxes?
Any help is greatly appreciated.
Thanks for looking!
 

The Finance Writer

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Payments you make that are ordinary and necessary for the publishing company are business expenses. The royalties are one of the categories of expense when reporting the publishing company's income.
 
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Thank you, The Finance Writer.

That is what I thought, but I figured I better be sure.

Thanks again.
 

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