IF the rebated amount is included in the agent's taxable income, she will of course pay taxes on it. But'll she'll be able to deduct the rebated amount as a business expense on her Schedule C. The rebated amount is not taxable income to the buyer, as explained below by Critter #2. For that reason, the buyer's agent should NOT issue a 1099-MISC to the buyer.
Interestingly, according to this DOJ website (last updated October 2015), ten states ban such rebates: <a rel="nofollow" target="_blank" href="
https://www.justice.gov/atr/rebates">https://www.justice.gov/atr/rebates</a>
**Answers are correct to the best of my ability but do not constitute tax or legal advice.
