A taxpayer receives a $1,500 prize (not gambling or lottery) and also works as a contractor receiving

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A taxpayer receives a $1,500 prize (not gambling or lottery) and also works as a contractor receiving $65,000 during the year working contract on construction jobs. What types and amount of Form(s) 1099 will they receive?

Related Book For answer-question

Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

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Posted Date: Apr 03, 2024 03:37 AM

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A taxpayer receives a $1,500 prize (not gambling or lottery) and also works as a contractor receiving

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Based on the information provided 1 The taxpayer received a 1500 prize not gambling or lottery 2 The ... View the full answer

Income Tax Fundamentals 2013

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