If I gave 30% of my commission as an independent contractor to an online referral company is that 30% a deduction?

[HelenC1 · Accepted solution]

Yes, and it is deducted as Commissions. 

The TurboTax products that support self-employed income and expenses are the following: 

• TurboTax Online Self-employed or 
• TurboTax CD\Download Deluxe, Premier or Home & Business.
• You may also qualify to use the IRS Free File Program delivered by TurboTax. See What's the difference between IRS Free File Program and Free Edition?
• What's the difference between TurboTax Online and the TurboTax CD/Download?

To enter your commissions: 

1. In TurboTax, type business expenses in the search box and click on the Jump to business expenses in the results box. 
2. On the 2019 XXX work summary screen, Review the business.
3. On the Here's your XXX info screen, scroll down to Add expenses for this work.
4. On the Tell us about any expenses for XXX screen, scroll down to Less common expenses and select Commissions.
5. Continue with the onscreen interview until complete.

[Edited 3-11-2020|10:46 am PST]