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January 30, 2025
Question

Realtor that purcahsed own home

  • January 30, 2025
  • 1 reply
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I am a realtor that purchased their own home. I received a commission on this but I did not receive a 1099 or any other form in order to add this to my taxes and income. How do I go about doing that?

    1 reply

    January 30, 2025

    You report income for which you did not receive a Form 1099 the same way you  would report income on a 1099; however, on the "Business Income" screen instead of selecting 1099-NEC Income or 1099-MISC income, you will select "General Income Business Income, not reported on other forms".  Click on Start next to that option, and on the next screen enter a Description and the amount of your commission, and select Continue.   

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