Hi ALL, I am a realtor and have give commission rebate to buyers outside of the transaction. I have issued 1099 to the buyers. Where do i enter this expense/deduction.

[Mike9241]

list as an expense on schedule C - commission rebates.

[Vanessa A]

If you used TurboTax to issue the 1099's it is automatically entered.  If you are using TurboTax self-employed, and did not use TurboTax to issue the 1099's then you would enter them under miscellaneous expenses. 

To enter your expense for these rebates click the following:

• Income and Expenses
• Update next to your business income and expenses
• Edit
• Add Expense
• Add next to Other Miscellaneous Expenses
• Continue
• Add the amount you paid in rebates