Help Center
Table of Contents
< All Topics
Print

Why is the income stated on my 1099-MISC or 1042-S form not equal to the sum of my royalty payments for the calendar year?

The tax form reports the total royalties income earned over the calendar year and taxes withheld. The “royalties income earned” is the amount of your checks before withholding. Your payments equal the difference between your total income on the form and any taxes withheld. 

Previous Why does Bennett Media & Marketing continue to request my tax information when I opted out of submitting it?
Next Why isn’t there a “Recipient’s Identification Number” on my 1099-MISC form?
Categories
Shopping Cart