- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
discounts
Can I deduct the difference between the full price for my services and the discounted price?
Topics:
posted
July 9, 2020
2:30 PM
last updated
July 09, 2020
2:30 PM
Connect with an expert
Do you have an Intuit account?
You'll need to sign in or create an account to connect with an expert.
2 Replies
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
discounts
No.
July 9, 2020
3:21 PM
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
discounts
You report the income you receive. If you receive less income, because you offered a discount, then you already pay less tax. You can't take another deduction.
July 9, 2020
3:31 PM
Still have questions?
Make a post