Should my 1099-Misc Box 7 received from my real estate firm include total commission money paid to the firm or the net amount actually paid to me the agent?

[Phillip1 · Accepted solution]

It depends on your situation. If the 1099-MISC is from an outside source, it would most likely be for gross comissions. If the 1099-MISC is from the brokerage where you work, the commissions are likely for the amount that is your portion of brokerage commissions.