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A store sells my products on consignment (eg. $1000) and pays me after taking a consignment fee (eg. $500). Do I report my gross income as $1000 or $500?
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A store sells my products on consignment (eg. $1000) and pays me after taking a consignment fee (eg. $500). Do I report my gross income as $1000 or $500?
Gross of $1,000 less selling expenses of $500. Net of $500
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A store sells my products on consignment (eg. $1000) and pays me after taking a consignment fee (eg. $500). Do I report my gross income as $1000 or $500?
Gross of $1,000 less selling expenses of $500. Net of $500