1099 Misc or Other Income

[JG EA]

Even though the doctor probably charged a fortune for the surgery done for us two years ago, I wonder how many of us tax professionals would charge this doctor surgeon our normal full price if he or she sends his or her spouse next year to get their tax return done? Or would we extend "professional courtesy"?

If we reduce our prices, but do not receive a benefit in return (barter), or the person is not in our employ or being subcontracted by us - not a taxable event to us. Do you think so?

[Burke]

At first reading of this thread I was inclined to categorize this 1099MISC income as bartering income, which would mean also subj to SE tax. But after re-reading, I cannot find any definitive information which states that the doctor gave any free services in exchange for this reduction in his wife's bill. I think the tax treatment would hinge on that fact.