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Printable Form 1099-MISC Omaha Nebraska: What You Should Know

Income from non-retirement accounts (e.g. IRA's, 401K's) can be reported in a “non-business” box. Income generated by the sale of stock, other securities, etc. can be shown in box 4 (or on a Schedule C-EZ if used for a taxable sale under Form 2027. If you make a large sale of stock or securities without reporting the sale in box 4, you may be required to pay a special tax on the sale. You can read more about this in this article. If an exception applies, see the exceptions section on this form. Don't enter a box without being sure about the box or exception being claimed. Do complete any other boxes as appropriate. See also, Publication 587.

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