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Schedule C Instruction of Line 2:
"Report your sales returns and allowances as a positive number on line 2. A sales return is a cash or credit refund you gave to customers who returned defective, damaged, or unwanted products. A sales allowance is a reduction in the selling price of products, instead of a cash or credit refund."
Buyer didn't pay buyer Agent commission. How can we said it is return?
‎February 1, 2021
11:13 AM