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Bookkeeping & Write-up

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  3. Bookkeeping & Write-up
  4. What types of payments would require a Form 1099-MISC to be issued?

What types of payments would require a Form 1099-MISC to be issued?

Generally, payments of $600 or more to workers not treated as your employee, rent payments of $600 or more per year, prizes and awards of $600 or more, and Royalty payments of $10 or more per year.

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