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How should I categorize my 1099 MISC? It was a payment to me as a finder's fee from a real estate company intended for my dad, but he passed and they sent it to me.
He was a licensed mortgage broker at the time and connected someone who wanted to refinance his properties with a different mortgage company. He was then entitled to the finder's fee from the mortgage company and then he passed away. The mortgage company sent the money, around $12K, and a 1099 MISC to me as other income. I was originally going to get a refund, but this makes me owe a lot of money when I tried entering it.
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‎February 24, 2021
7:36 AM