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keywords: 1099 software
member since: Mar 27, 2014 | Viewed: 496
Category: Technology
The 1099-MISC is used to report payments made in the course of business, and not personal payments. Other organizations subject to these reporting necessities include nonprofits, profit-sharing plan or qualified pension trusts, farmers’ cooperatives exempt from tax, and certain establishments exempt from tax under section 501c or d.
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