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Hey S. Ringer
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Jessica Robin Growing
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What is 8724 - direct?
8724 - direct is a form used for reporting miscellaneous income that is not reported on Form 1099.
Who is required to file 8724 - direct?
Any individual or entity who receives miscellaneous income totaling $600 or more in a calendar year is required to file Form 8724 - direct.
How to fill out 8724 - direct?
Form 8724 - direct is typically filled out by providing the payer's information, recipient's information, amount of miscellaneous income, and any applicable taxes withheld.
What is the purpose of 8724 - direct?
The purpose of Form 8724 - direct is to report miscellaneous income to the IRS for tax purposes.
What information must be reported on 8724 - direct?
Form 8724 - direct requires reporting of the payer's information, recipient's information, amount of miscellaneous income, and any taxes withheld.
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