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Tax Year Prior to 2020: Intent to earn money 1099 MISC for own home purchase
Hi,
I'm a real estate agent who recently purchased a new home for myself. I wanted to contribute all my commission proceeds as a rebate to my (buyer). Unfortunately, the lender said i could contribute only some amount and not all. I got a 1099-MISC from my broker for the amount that i had left that I couldn't contribute. Is this considered "intent to earn money"?
Thanks for your help in advance.
‎April 12, 2019
10:03 AM