SeaAd1751
Returning Member

1099-NEC services refund

Hello,

Last year I sold my primary residence and due to my real estate agent not performing services promised, they refunded me $4,400 of the commissions paid for the sale of my house. I received a 1099-NEC with $4,400 in box 1. Please confirm if a refund of fees paid to a real estate agency should be considered taxable income to me on a 1099-NEC.

Thank you!