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Question

Client incentives

1 reply
18 views

I give clients $25-50 credits as a coach for products? I pay the credit out of my business funds. How much can I write off per client? How would I do that?

Ask the Experts - SelfEmployed - Feb 2024

Alumni - Intuit

Please clarify what you mean by "Credits".

If they are credits for your services, you would just claim that much less in income.

For example, I give someone a $35 credit for a $100 service, I would simply claim $65 as income.

If this is more of a "gift" where the credit is used for something other than sale of your products or services, you can claim up to $25 as a gift expense per client per year.

If this is something else, please continue the question.

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