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Misclassified 1099 - Maybe?


lsowers

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New client received 1099 from investment guy. Client gets kickback for any referrals he makes to the investment guy. The income was put in box 7 (non-employee comp). I am thinking it should go in box 3 (other income). He is not working for this guy and is not in the investment business. Am I right? What do ya'll think?

Thanks

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