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DHS2020
New Member

discounts

Can I deduct the difference between the full price for my services and the discounted price?

2 Replies
Bsch4477
Level 15

discounts

No. 

Opus 17
Level 15

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.

 

*Answers are correct to the best of my ability at the time of posting but do not constitute legal or tax advice.*
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