
Anonymous
Not applicable
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Are travel agent commission payments considered commission payments or independent contractor payments? Not sure where to put them.
I own a travel agency. I have travel agents that sell under my license (i.e. independent contractors). They earn a commission from their sales. The vendor pays my agency. I, in turn, pass that money to the agent. Do I capture these payments as commission payments in turbo tax or an independent contractor payments? I know I have to issue a 1099 for agents that earn at least $600 to. Thanks!
Topics:
‎December 16, 2020
9:50 AM