ToddL99
Expert Alumni

Get your taxes done using TurboTax

No, you cannot claim an expense ("deduction") for amounts you did not receive. 

 

The only way you can claim an expense or a deduction is when you pay for the item in question with after-tax dollars.

 

When you accept less than your normal billing rate for a service, you are simply offering a discount. Discounts are not "deductible" -  you never receive them and do not report them as income.

 

See Are free services or discounts given to clients tax deductible? for additional discussion on this issue.