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1099-MISC Reporting for 4H Livestock Sales with Commission
August 20, 2025
Q. We have 4H kids that particpate in the County Fair. When they sell their livestock, we send them a 1099-MISC, box 3. This year, we are charging a 3% commission to the participant. For example, the participant sells their livestock for $5500, we charge a $150 commission, so their check is $5350. Do we report the $5500 or the $5350 on the 1099-MISC box 3?
A.
(Answered by IOFM's third-party tax expert)
Regulation 1.6041-1(f) states that the amount to be reported is the amount before any fees,…
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