
Get Sd Contractor's Excise Tax Return (formerly Rv-011)
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From a tax standpoint, royalties are generally reported to you on a form 1099- MISC at box 2 and are taxable as ordinary income. Interestingly, however, there's no one size Schedule fits all for royalties. ... Royalty income reported on a Schedule C or Schedule C-EZ is subject to self-employment income.
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