BobKamman
Level 15
02-05-2021
06:13 PM
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Sounds fine to me. The fact this is a broker, not just an agent, helps. I used to have a similar situation where the broker paid W-2 wages to a family member for office work, and 1099 commissions for sales. This was not done for tax reasons; it probably resulted in more tax being paid. But it was a helpful arrangement when valuing the business when it was sold.