Travel Agent Commission Deduction Schedule C

I file as a schedule C.
I purchased a personal cruise that I paid gross of $10,000
I received a commission of $2,000 (Net cruise cost of $8,000)
I received 1099 for the $2,000 commission reporting as earnings
Since I paid $10,000 to receive it
can I deduct the amount I paid up to the $2,000 I received (essentially zeroing out the 1099)?

435

Expert Alumni

Feb 16, 2025 6:36:21 AM

If the cost of the cruise was not a business expense you would not report this on Schedule C. In other words, the cost doesn't offset the income.

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Travel Agent Commission Deduction Schedule C