I received a 1099-MISC from a homebuilder for an amount equal to gift cards that I received at closing. Our agreement in the contract was that we would pay the agreed on price and they would provide $5000 cash at closing for us to purchase appliances, in lieu of them purchasing them. A few days before closing the bank came back and said that they were not able to allow the cash back at closing and the form of payment must be a gift card. This was done, and now I received a 1099-MISC with that $5000 in BOX 7. Everything that I have been reading makes me think that this in incorrect because no services were rendered by me and it was a part of the contract. Is this something that needs to be corrected with the company and do I have any ground to stand on here? Thanks.