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marilynklemm
Returning Member

I am a Amazon seller and had gross sales of 39,000 and Amazon charged fees of $16,000. How do I list the fees Amazon charged me?

"I am a Amazon seller and had gross sales of 39,000 and Amazon charged fees of $16,000. Under what category do I report those fees and do i need to list each fee seperately? or can i do a one lump sum named Amazon Charged expenses?
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Accepted Solutions
Fern
New Member

I am a Amazon seller and had gross sales of 39,000 and Amazon charged fees of $16,000. How do I list the fees Amazon charged me?

You will report the income in General Income.

You will report the expenses in Other Common Business Expenses as Commissions.  You can enter the amount as one number.

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3 Replies
Fern
New Member

I am a Amazon seller and had gross sales of 39,000 and Amazon charged fees of $16,000. How do I list the fees Amazon charged me?

You will report the income in General Income.

You will report the expenses in Other Common Business Expenses as Commissions.  You can enter the amount as one number.
user591405426
New Member

I am a Amazon seller and had gross sales of 39,000 and Amazon charged fees of $16,000. How do I list the fees Amazon charged me?

What percentage of a deduction will "Other Common Business Expenses" apply to the original commentator's Amazon fees? EG: 100%?, 50%? 25%? etc.
ashleycutie2k2
Level 2

I am a Amazon seller and had gross sales of 39,000 and Amazon charged fees of $16,000. How do I list the fees Amazon charged me?

I don’t know if you have to but I always break my Amazon costs down- fees, shipping and advertising.

 

 

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