I am a broker. I offer my clients a commission rebate. I understand they don't report is as income and i don't issue a 1099. My question is where do I report the rebate on turbo tax?
I understand that the 1099 i get from the closer, or selling company may reflect may only reflect the commission i received and therefore i do not report the rebate on my taxes.
If the 1099 shows the total commission paid to me and not the rebate then where do i enter the rebate on my tax form
sorry long stuff to ask a simple question
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