I am a realtor and have given a personal check to my buyer as a commission rebate. How should I report to IRS during my tax returns to avoid paying taxes on that amount?
01502
1 Best answer
Bsch4477
Level 15
Apr 25, 2023 12:01:43 PM
I assume that you complete a Sch C. Under other expenses deduct those costs as commission rebates.
1 Replies
Bsch4477
Level 15
Apr 25, 2023 12:01:43 PM
I assume that you complete a Sch C. Under other expenses deduct those costs as commission rebates.