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Get your taxes done using TurboTax
Commission income reported in Box 7 of a 1099-MISC is self-employment income for tax purposes, and is properly reported on Schedule C. TT is doing this correctly. The good news is that your husband can deduct as business expenses any allowable expenses he incurred in earning those commissions.
**Answers are correct to the best of my ability but do not constitute tax or legal advice.
‎June 3, 2019
6:00 PM