I am straight commission and self employed. A company I did work for didn't pay me... can I take that amount as a loss? it was never income that actually came in...

kmendrala2000 · ‎June 6, 2019

Since this company never actually paid me, and the only place to put in a loss is as returns, refunds, etc. Can I take this as a loss under Business Income and Expenses?

MinhT · ‎June 6, 2019

You cannot claim the unpaid commission as a business expense or deduction.

As you did not receive the unpaid commission, you do not report it as income and do not pay tax on it. This is the reason why you cannot claim it as a deduction or a loss.

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MinhT · ‎June 6, 2019

You cannot claim the unpaid commission as a business expense or deduction.

As you did not receive the unpaid commission, you do not report it as income and do not pay tax on it. This is the reason why you cannot claim it as a deduction or a loss.

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kmendrala2000 · ‎June 6, 2019

First this says I can claim it and then it says I cannot claim it...

MinhT · ‎June 6, 2019

Sorry it was a typo error. You cannot claim the unpaid commission.

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kolschesky1 · ‎June 6, 2019

If you are a cash basis taxpayer you cannot take a loss. However, you should deduct all business expenses that you incurred with respect to this job.

I am straight commission and self employed. A company I did work for didn't pay me... can I take that amount as a loss? it was never income that actually came in...