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Alright, guess I'll start there and see what I find. Thanks!
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He has been sending 1099-NECs. The 1099-NEC to each person is for 2% of the annual installment amount that he reports as income. The installment income has just...
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I inherited a client that sold a business several years ago in an installment sale. For simplicity, let's say he reports $100,000 each year in installment sale ...