63. All of the following are true regarding royalty income except: A. A self-employed writer reports royalty income on Schedule A - Itemized Deductions B. Royalties from copyrights, patents, and oil, gas and mineral properties are taxable as ordinary income C. A taxpayer generally reports royalties in Part I of Schedule E-Supplemental Income and Loss D. Royalties from copyrights on literary, musical, or artistic works, and similar property, or from patents on inventions, are amounts paid to the taxpayer for the right to use his or her work over a specified period of time