@TomD8 wrote:
Regardless of the commission percentage, the full commission amount is included in agent's gross income on Schedule C. Rebate amount is then deducted, along with agent's other business expenses.
Agent's net profit on Schedule C goes to agent's Schedule 1 (Form 1040) and Schedule SE.
Yes, which is what I originally said. Thus, the agent can't use "taxes" as an excuse to fail to pay the full agreed-upon amount.
