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IRS regulations require the reporting of any income from royalties exceeding 10 USD. Yes, the reporting requirement threshold for royalties is much lower than other types of income.

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About the Curator 

Nidhi Singh
Nidhi Singh is a journalist for BestThinking.com and has studied at the University of North Carolina at Chapel Hill. Her interests lie in a

Recent Content by Nidhi Singh

Harry Lives On

Dumbledore's Army, clad in gold embossed “DA” shirts, joined hundreds of fans costumed in witchcraft and wizardry gear last night at the premiere of Harry Potter and the Deathly Hallows Part 2. The DA members shifted in their seats, eagerly anticipating the finale of an adventurous series. You may...

Misinformation and the Spread of Rumors

The constant cycle of rumors and spread of misinformation through the many curious and nosy minds are as familiar to a college student as they are to any politician and/or actor. What accounts for the spread of this misinformation and why does it always seem to exist? Such a situation is similar to...

 
 
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