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Yes, revenue from infringement lawsuits would be considered "Other Income" for the company that owns the patents. This may also be called General Income in TurboTax (income not reported on Form 1099-MISC) for Schedule C.
Yes, revenue from infringement lawsuits would be considered "Other Income" for the company that owns the patents. This may also be called General Income in TurboTax (income not reported on Form 1099-MISC) for Schedule C.
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dr000016
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rlistou
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