"Let's say you are a Realtor working for a broker. A sale resulted in the total commission of $1000. which the Broker received but the broker gets 20% of that $200.00 (80%20%) split. The Realtor actually received $800 payment. What is reported on the Realtor's 1099 Misc, $1000. or $800?"
The $1,000 should be reported on the 1099-MISC, and then when you do your business expenses, the $200 broker cut would be an expense.
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