The 1099-MISC is non-employee compensation and you report
this income on Schedule C. The amount your agent deducted from this income as a
fee is a deductible ordinary and business expense, so you are not being taxed
on these agent commissions.
However, if you receive a W-2, you deduct the agents fees as
an itemized deduction, so you may be paying tax on some of the fees you pay the
agent.
Click here
for information on Tax Considerations for Athletes and Entertainers
