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  • Re: I purchased a new home.My buyer's agent paid me cashback and asked W-9 from me but didnt issue any 1099 form.Is this cashback taxable?How to handle this while filing tax?
Mike9241
Level 15 Mike9241
Level 15
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Deductions & credits

Not taxable, but it does reduce the tax basis of the home. 

‎March 13, 2025 9:46 PM
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