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Does a customer sale refund considered a business expense?
I run an eCommerce website selling western wear. From time to time a customer will request a refund for whatever reason, Does a customer sale refund considered a business expense?
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June 4, 2019
12:18 PM
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Business & farm
Yes, under the Other Income topic, TurboTax provides a box for Returns & Allowances. An entry here reduces your gross income for Schedule C.
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June 4, 2019
12:18 PM
5,134 Views