Income Codes
U.S. Income Codes
MISC1 - Rent - Reported on 1099-MISC
MISC2 - Royalties - Reported on 1099-MISC
MISC3 - Other Income - Reported on 1099-MISC (Prize, Awards, Human Subject)
MISC6 - Medical - Reported on 1099-MISC
MISC7 - Independent Contractor - Reported on 1099-NEC
Foreign Income Codes
Note: Income Tax type should alway be DAU/AR if selecting one of these
10 - Industrial Royalties (Copyright)
12 - Other Royalties (Software)
16 - Scholarship or Fellowship grants (Living Allowance)
17 - Compensation for Independent Personal Services (this is similar for Misc7, Honorarium, guest speaker, guest lecture)
23 - Other Income (Prize, Award, Human Subjects)
42 - Earnings as an artist or athlete - No central withholding agreement (CWA)
43 - Earnings as an artist or athlete - With central withholding agreement (CWA)