Megan Gorman
Megan works with families and individuals, helping them navigate through tax, estate, liquidity and investment planning.
Managing Partner, Tax Professional
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Q&A
Asked by w-lmburris
Answered by Megan Gorman, Tax Professional
Yes, this is specified on the 1099.
Q&A
Asked by bgggirl
Answered by Michael Karu, CPA/CFF/CGMA in Livingston, NJ
The short answer is no. However, if you
receive interest on the proceeds, the interest
is taxable.
