- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
1099 for value of book of business
What deduction for tax purposes can be applied to a 1099 issued by a parent company transferring the value of book of business to me, based on an assigned value? Self employment tax is being calculated on the full amount. How do I treat this?
Topics:
‎October 15, 2021
6:58 AM