BobKamman
Level 15
10-21-2022
07:37 PM
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I had several websites open and I copied the wrong URL. Here's the right one, from your favorite rcreports.com:
"What about real estate agents? Of course, they are independent contractors!
Jack says: Sometimes.
It is a fact that real estate agents can be paid via a 1099 for the work they do as a real estate agent. An agent paid for doing tasks other than selling real estate must have wages for those tasks reported on a W-2. There are two options here:
- Issue a 1099 for real estate services and issue a W-2 for all other services, or
- Put all compensation on a W-2.
Since it would be more efficient to put everything on a W-2, put all compensation on the W-2."