My big question is I am a travel agency owner. I had sales of travel last year and get paid a commission on them once the travel has been completed. While my sales were not bad my first year, I only earned a pittance in commissions for actual travel completed last year. Is my ordinary business income what I actually received? I had a lot of expenses starting my business with little income to offset the expenses. Form 1065 is asking for gross receipts or sales.
