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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549FORM 3INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES OMB APPROVAL OMB 3235Number: 0104 Estimated average burden hours

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What is known as Form SE?

Form SE is also known as Form 1099-NEC, which is used to report nonemployee compensation.

Who is required to file Form SE?

Businesses or individuals who have paid $600 or more in nonemployee compensation during the tax year are required to file Form SE.

How to fill out Form SE?

Form SE can be filled out manually or electronically. The payer must provide their information, the recipient's information, and details of the nonemployee compensation.

What is the purpose of Form SE?

The purpose of Form SE is to report nonemployee compensation to the IRS and the recipient for tax purposes.

What information must be reported on Form SE?

Form SE requires information such as the payer's information, recipient's information, nonemployee compensation amount, and any federal income tax withheld.