MarilynG1
Expert Alumni

Get your taxes done using TurboTax

@Jracaa Yes, you would report your commissions as Business Income.  No, don't deduct that same amount as a Business Expense.

 

You may have Business Expenses such as cell phone, website, vehicle, etc. that you can deduct.

 

Once you enter info about your Business, TurboTax presents you with various types Business Expenses you may deduct.  Keep good records of your income/expenses with your tax return.

 

Type 'schedule c' in the Search area, then click on 'Jump to schedule c' to get to the Business area. 

 

Click this link for more detailed info on Reporting Business Income and Expenses

 

 

 

 

 

 

 

 

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