turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Attend our Ask the Experts event about Tax Law Changes - One Big Beautiful Bill (OBBBA) on Jan 14! >> RSVP NOW!
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Non Recoverable Draw

How does non recoverable draw tax?

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

2 Replies

Non Recoverable Draw

Please explain more?

DawnC
Employee Tax Expert

Non Recoverable Draw

It is taxable income to you.   A non-recoverable draw a fixed amount paid in advance of earning commissions, but functions more as a minimum guaranteed periodic payment to the employee. It is commonly used for new sales employees for a fixed period of time.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question