LifeInsurancePro
New Member
- 13
(Legitimate non-money laundering potential situation) Planning on splitting the case 50/50, but not exactly sure how that would work out for me tax-wise. I'm planning on submitting 100% under my name and then paying the other agent out. Should I just write off the split amount or am I getting hosed in a way that I'm not thinking about? The client should be paying the annualized amount so not worried about it being structured otherwise.