I am with a MLM company and earn commissions. I often gift a part of my commissions to new customers which gives them a discounted price, is this deductible?

If your commission income is reported to you on a 1099-MISC, then you should be able to deduct these payments from your income ("Income you Gave Back"). See the attached screenshot for where to find this entry in TurboTax Self-Employed.

This entry is a Business Income entry, not a "gift".

I am with a MLM company and earn commissions. I often gift a part of my commissions to new customers which gives them a discounted price, is this deductible?

Thank you for your time, the attached screenshot will not open? I would like to know where i enter this. Look forward to hearing from you again.

I am with a MLM company and earn commissions. I often gift a part of my commissions to new customers which gives them a discounted price, is this deductible?

Do I list it under commission expenses?

I am with a MLM company and earn commissions. I often gift a part of my commissions to new customers which gives them a discounted price, is this deductible?

misc expenses titled income given back?

I am with a MLM company and earn commissions. I often gift a part of my commissions to new customers which gives them a discounted price, is this deductible?

I've replaced the screenshot. You could also list as Misc Expense, "Rebates"

I am with a MLM company and earn commissions. I often gift a part of my commissions to new customers which gives them a discounted price, is this deductible?

Thank you!

Expert does your taxes

Do it yourself

Resources

Support

Expert does your taxes

Do it yourself

Resources

Support

Expert does your taxes

Do it yourself

Resources

Support

Expert does your taxes

Do it yourself

Resources

Support

I am with a MLM company and earn commissions. I often gift a part of my commissions to new customers which gives them a discounted price, is this deductible?

I am with a MLM company and earn commissions. I often gift a part of my commissions to new customers which gives them a discounted price, is this deductible?

I am with a MLM company and earn commissions. I often gift a part of my commissions to new customers which gives them a discounted price, is this deductible?

I am with a MLM company and earn commissions. I often gift a part of my commissions to new customers which gives them a discounted price, is this deductible?

I am with a MLM company and earn commissions. I often gift a part of my commissions to new customers which gives them a discounted price, is this deductible?

I am with a MLM company and earn commissions. I often gift a part of my commissions to new customers which gives them a discounted price, is this deductible?

I am with a MLM company and earn commissions. I often gift a part of my commissions to new customers which gives them a discounted price, is this deductible?

Get more help

Do you have a TurboTax Online account?

I am with a MLM company and earn commissions. I often gift a part of my commissions to new customers which gives them a discounted price, is this deductible?

Do you have an Intuit account?

I am with a MLM company and earn commissions. I often gift a part of my commissions to new customers which gives them a discounted price, is this deductible?

I am with a MLM company and earn commissions. I often gift a part of my commissions to new customers which gives them a discounted price, is this deductible?

I am with a MLM company and earn commissions. I often gift a part of my commissions to new customers which gives them a discounted price, is this deductible?

I am with a MLM company and earn commissions. I often gift a part of my commissions to new customers which gives them a discounted price, is this deductible?

I am with a MLM company and earn commissions. I often gift a part of my commissions to new customers which gives them a discounted price, is this deductible?

I am with a MLM company and earn commissions. I often gift a part of my commissions to new customers which gives them a discounted price, is this deductible?

Get more help

Related Content

Thank you for helping us improve the TurboTax Community!

Sign in to Turbotax

File your taxes, your way

Access additional help, including our tax experts

Post your question

Connect with an expert