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20 1 6 C LESSON B ALL T EST Email: burns5 Clemson. September 21, 2015, MEMORANDUM To:Clemson Bull Test Consignors & Interested CattlemenFrom:Dr. Matthew Burns Ext. Animal Scientist & Clemson Bull
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20 1 6 c refers to form 1099-MISC used for reporting miscellaneous income to the IRS.
Individuals or businesses who have paid at least $600 in rents, services, prizes, awards, or other income must file form 1099-MISC.
To fill out form 1099-MISC, you need to provide payer and recipient information, as well as details on the payments made.
The purpose of form 1099-MISC is to report various types of income to the IRS and to the recipient.
Information such as name, address, tax ID, and amount of income paid must be reported on form 1099-MISC.
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