topic I received a 1099misc form from insurance company for income that was earned by my agent, do i need to send a 1099misc to him to document his income to the irs? in Get your taxes done using TurboTax

I received a 1099misc form from insurance company for income that was earned by my agent, do i need to send a 1099misc to him to document his income to the irs?

timrwrfp — Thu, 06 Jun 2019 15:38:39 GMT

Yes. Since the 1099-MISC income was not earned by you, bu...

WillK — Thu, 06 Jun 2019 15:38:40 GMT

Yes. Since the 1099-MISC income was not earned by you, but your agent, you would need to send them a 1099-MISC for that amount so you can offset the income that was reported to you on the 1099-MISC.