topic If I get paid for December 2015 sales commission in January, do I deduct December 2015 adwords advertising used to make the sales? in Get your taxes done using TurboTax

If I get paid for December 2015 sales commission in January, do I deduct December 2015 adwords advertising used to make the sales?

skjod17 — Sat, 01 Jun 2019 07:17:14 GMT

I get paid commission a month after the sales take place...

skjod17 — Sat, 01 Jun 2019 07:17:16 GMT

I get paid commission a month after the sales take place so my 1099-MISC has me being paid January through December of 2016. The sales actually occurred December 2015 through November 2016. So would I deduct my adwords advertising December 2015 through November 2016?

If it was already deducted in 2015, then no.

CherylW — Sat, 01 Jun 2019 07:17:17 GMT

If it was already deducted in 2015, then no.

It wasn't deducted. I get paid commission a month after t...

skjod17 — Sat, 01 Jun 2019 07:17:19 GMT

It wasn't deducted. I get paid commission a month after the sales take place so my 1099-MISC has me being paid January through December of 2016. The sales actually occurred December 2015 through November 2016. So would I deduct my adwords advertising December 2015 through November 2016?

You will claim the expenses in the year they're paid then...

CherylW — Sat, 01 Jun 2019 07:17:20 GMT

You will claim the expenses in the year they're paid then, or if they are on a credit card, when charged. You don't have to match the expenses to the 1099.
In your case, you would still take off January - December expenses, but they may not match up to your 1099-MISC.

Thank you, Cheryl!

skjod17 — Sat, 01 Jun 2019 07:17:21 GMT

Thank you, Cheryl!