TaxMamas TaxQuips: Tax Quips

TaxMamas TaxQuips: Tax Quips


Kicking Back Commissions

June 08, 2011

Today TaxMama hears from SB in the TaxQuips Forum with a common problem. “As a real estate professional, I had to kick back some commissions to a buyer to close a sale. But I am getting the 1099-MISC for the full commission. Can I give the buyer a 1099-