Schedule NEC is used to report income not effectively connected with a U.S. trade or business. This may include, but is not limited to, dividends, royalties, and gambling winnings. Tax must be withheld at the source, and is generally withheld at a rate of 30%. The tax must be withheld by the person that pays the income. If your country of residence and the United States have a treaty which sets lower rates, your withholding may be lower.
To enter your income on Schedule NEC:
For additional information, see: