Question: are software licenses 1099 reportable?
Answer: 1099-MISC Box-2-Royalties: The box one for rent as in IRS 1099-MISC determines the reporting as spells out the standard $600 which applies to rental payments for the box-1 as in the 1099 form. ... Therefore the software licensing agreements should be considered as reportable income in box-2 of IRS form 1099-MISC.