Just to clarify
I was paid to arrange the transportation and the hotel. I received $500 for my services. The total cost including my service fee was $8955.47 which appears on line 7 (nonemployer compensation). of the 1099.
For starters, was this a 2018 1099-MISC? This needs to be affirmed beyond any and all doubt.
So did the school pay you a grand total of $8,955.47 to *YOU* and you paid $8,455.47 for everything, pocketing $500 for yourself? Or did the school only pay directly to you a grand total of $500 and you never touched or saw the $8,455.47 in in way, form or fashion?
If the former, the 1099-MISC is correct. If the latter, the 1099-MISC is just flat out wrong and the issuer is required by federal law to issue you a corrected 1099-MISC within 10 days *AFTER* you formally notify them of the error.
