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Is Apple App Store's Sales Commission a Tax Dectuctable?
Hi,
Apple App Store charges 30% commission for every transactions from the store. Can that 30% commission be claimed as a detectable?
For example, I'm selling 10 apps in Apple App Store and each app is listed for $1.00. After Apple App Store's commission, Apple pays me $0.70 for every app sold.
In 2020, I sold 100,000 apps and received $70,000 from Apple. When I file Business Income in Turbo Tax, do I report:
A. The actual amount that Apple paid me ($70,000) without claiming Apple Store's 30% commission as a deduction?
B. The $100,000 and $30,000 deduction as commission?
C. $70,000 and 30,000 deduction?
Thanks,
Topics:
March 8, 2021
6:59 PM