<<In 1999 I received non-compete income. Is non-compete income treated as ordinary income that I would report on my schedule D? Thanks in advance for any guidance.>>If you receive NTC income from a business asset that you sold, it's likely that the NTC income will be reported as the sale of a capital asset on Sch D. But if you are simply receiving income for your agreement not to compete, it's generally simply ordinary income and should be included in your W-2. TMF TaxesRoy
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