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Form 5381 is a tax form used to report miscellaneous income that is not reported on a W-2 or 1099 form.
Individuals who receive miscellaneous income of $600 or more in a tax year are required to file form 5381.
Form 5381 can be filled out manually or electronically following the instructions provided by the IRS.
The purpose of form 5381 is to report miscellaneous income to the IRS for tax purposes.
Form 5381 requires the reporting of miscellaneous income received, including details such as the payer's name and amount.
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