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I have in the past reported the monthly big commerce expenses for our website under "commissions", but wondering if should be reported under "advertising"?

 
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JulieCo
New Member

I have in the past reported the monthly big commerce expenses for our website under "commissions", but wondering if should be reported under "advertising"?

You can report your Big Commerce website fees under either category -- whatever makes the most sense to you.  There really isn't a specific line item for Website fees and administration of them, but there certainly could be in the future.  For now, this type of expense that doesn't seem to have a clear line item description can be included wherever it makes the most sense to the business owner as long as it is included only one time as part of these common business expenses.  This is because all of these common business expense line items are treated the same way from a tax standpoint as they all reduce the income amount that is treated as taxable income on your personal return.  

Also, you will want to have records noting on which line you recorded which expenses in case there was ever a need to go to the back up for any of the expense lines on the Schedule C form for your business.  

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1 Reply
JulieCo
New Member

I have in the past reported the monthly big commerce expenses for our website under "commissions", but wondering if should be reported under "advertising"?

You can report your Big Commerce website fees under either category -- whatever makes the most sense to you.  There really isn't a specific line item for Website fees and administration of them, but there certainly could be in the future.  For now, this type of expense that doesn't seem to have a clear line item description can be included wherever it makes the most sense to the business owner as long as it is included only one time as part of these common business expenses.  This is because all of these common business expense line items are treated the same way from a tax standpoint as they all reduce the income amount that is treated as taxable income on your personal return.  

Also, you will want to have records noting on which line you recorded which expenses in case there was ever a need to go to the back up for any of the expense lines on the Schedule C form for your business.  

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