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Level 3
March 2, 2020

Patent payment received from employer.

  • March 2, 2020
  • 1 reply
  • 7 views

Is 1099-MISC box 3 other income received from employer for a patent payment considered social security wages or medicare wages subject to additional taxes?

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    1 reply

    Intuit Community Champion
    March 3, 2020

    As box 3 says, it is other income. If your client is not in the business of selling Patents, not subject to employment taxes