irvinetabby
New member
I bought a new build and my realtor gave me back half of the commission. However, she asked for my SSN and later sent me a 1099-MISC for the entire rebate amount!
I assume this is now considered my "other income" and I have to pay taxes on this, making my real rebate lot smaller. I've never heard of this. Any input?
Thanks!
I assume this is now considered my "other income" and I have to pay taxes on this, making my real rebate lot smaller. I've never heard of this. Any input?
Thanks!