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Tax Year 1099 MISC  Form

Tax Year 1099 MISC Form

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Instructions and help about Tax Year 1099 MISC

we're 2017 over that means it's tax time soon and I wanted to give you some information about what you can expect first we'd like to thank you for your support in 2017 it means a lot to our entire team so thank you for that but now let's jump into the forms that you're gonna be getting so one we're gonna be sending you what's called a 1099 miscellaneous form now what this form does his reports all of your gross income that you earned in 2017 now it doesn't necessarily mean the amount of money that you personally received or was dispersed to you just income earned so for example if you have a property and it's renting for $1,000 a month and it rented for twelve months then your total gross income on that 1099 miscellaneous is going to be twelve thousand dollars now the reason that this is reported as a gross number is that you're gonna have a lot of other expenses associated with the property some that we&am

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