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cssavage
Returning Member

Deducting Seller Fees

I am a self-employed artist and have my work on a website that takes 50% of the sale of each item. Can I deduct the percentage of each item sold as a Seller's Fee?

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‎February 28, 2021 10:11 AM
last updated ‎February 28, 2021 10:11 AM
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VolvoGirl
Level 15

Deducting Seller Fees

Yes if you report the 100% as income.  Or just report the Net amount you received as income.

‎February 28, 2021 10:18 AM
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cssavage
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Deducting Seller Fees

makes total sense, thank you

‎February 28, 2021 10:22 AM
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