TurboTax

File with experts
File your taxes
Experts at your fingertips

An expert helps with your taxes, or does them for you
TurboTax Expert Full Service

TurboTax Expert Assist

TurboTax Self-Employed
Prior year taxes
File myself
File myself
Do it yourself

We'll guide you step-by-step
TurboTax Do It Yourself

TurboTax Self-Employed

TurboTax Desktop
TurboTax Free

Activate your product

Prior year taxes
Business
Business
Business taxes

Get your T2 corporate return done right, your way
TurboTax Business

TurboTax Business Desktop
Tax situations
Tax situations
Tax situations

Find extra guidance for your big life moves
For investors

For 25 and younger

For self-employed

For new to Canada

For life changes
Resources
Resources
Resources

Explore tax tools, get tips, and read reviews
Personal income tax calculator

RRSP savings calculator

Learning hub

TurboTax support (FAQ)

TurboTax community
Pricing

Level 1

Solved

Do I need to complete a 1099 for someone I split commissions with?

Forum|Forum|7 years ago
June 6, 2019
2 replies
34 views

I operate a sole proprietor as a real estate agent. We did not form a partnership because she was not a licensed agent but we worked the business as a team and split commissions. Do I need to complete a 1099 for her?

TurboTax Business Windows

Best answer by KittyM

Yes, especially if you paid her over $600 for her help. 1099's for 2017 were due to the IRS on January 31, 2018, so you should complete her 1099 as soon as possible.

Please use this link to access TurboTax Quick Employer Forms: https://quickemployerforms.intuit.com/welcomeNewCustomer.htm

KittyMAnswer

Level 10

Yes, especially if you paid her over $600 for her help. 1099's for 2017 were due to the IRS on January 31, 2018, so you should complete her 1099 as soon as possible.

Please use this link to access TurboTax Quick Employer Forms: https://quickemployerforms.intuit.com/welcomeNewCustomer.htm

Level 2

As a loan officer, I had commissions paid to me on my W-2 that were split with my partner

I paid him by check and issued him a 1099 for the $6500 (his share)

In years past, this was a 1099 pmt and easy to get the funds out of net income.

If I take it a a business expense without income it is causing the business to lose $ - leaving the full amount in the personal income section -

How to I correctly account for the commission I paid to others and adjust my personal income?