BobKamman
Level 15
03-28-2023
08:29 PM
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Could be a trade or business, and then again, it could be royalty income to report on Schedule E. Which is probably why they issue a MISC and not a NEC. For an interesting discussion of tax treatment for intellectual property, although from 10 years ago, see
https://www.thetaxadviser.com/issues/2013/dec/kelley-dec2013.html