When filling out a 1099-Misc What does rents, royalties, other income means??

[ColeenD3]

Rent (Box 1) is income derived from money received from renting out residential or business property.

Royalty (box 2) reports royalty payments from intangible property such as patents, copyrights, trade names, and trademarks. Report the gross royalties (before reduction for fees, commissions, or expenses) paid by a publisher directly to an author or literary agent, unless the agent is a corporation.

Other income (Box 3)  may be payments received as prizes, awards, taxable damages, etc.

[Carl]

Box 3 is also for payments to contractors and/or individuals directly. That used to go in box 7. But box 7 is greyed out and apparently not used on the 1099-MISC for the 2019 tax year.

For the 2020 tax year 1099-MISC, box 7 is gone completely.

[Anonymous_]

For 2019, Box 7 is still used for nonemployee compensation.

See https://www.irs.gov/pub/irs-prior/i1099msc--2019.pdf