I am a mortgage broker, can i pay my affiliates 50% comission as 1099? There is business affiliate arrangement
Jeff asked:
There is a business affiliate arrangement out there as long as you disclose to your client that affiliate is geting paid.
http://www.teambuildingdirectory.com/blog/
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There is a business affiliate arrangement out there as long as you disclose to your client that affiliate is geting paid.
http://www.teambuildingdirectory.com/blog/
February 2nd, 2009 at 11:57 am
Yes, you need to file a 1099 for each affiliate making over $600. This way the government knows how much they can claim.