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How should I notate this 1099 MISC?
I have royalty interest in a company that pays me a percentage of their revenue. 1099 MISC has the royalty amount, but I'm not sure how to proceed. I selected "Investment income from property you own", but since it is not income from a business I own, the program asks me to select a property that generated the income, and there isn't one. The other option seems to be for personal businesses so that can't be correct for my situation. Not sure how deal with this?
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‎June 3, 2019
10:10 AM