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Income code 10 (industrial royalties)

Income code 10 includes royalties for the use of, or the the right to use, patents, trademarks, secret processes and formulas, goodwill, franchises, “know-how” and similar rights. It also may include payments for the use of, or right to use, industrial, commercial and scientific equipment.

Important: If you are unsure if that code applies to you, please contact the payer of your income.

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