If my wife pays a fee to her company to earn a higher commission, would that be a business expense and would it be deductible from her income as a business expense?
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If my wife pays a fee to her company to earn a higher commission, would that be a business expense and would it be deductible from her income as a business expense?
posted
June 1, 20192:22 PM
last updated
June 01, 20192:22 PM
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If my wife pays a fee to her company to earn a higher commission, would that be a business expense and would it be deductible from her income as a business expense?
If your wife is paid as an independent contractor, then she could use the expense of the fee to offset her income on Schedule C of your return. If she is a W-2 employee, the fee would not be deductible.