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February 5, 2023
Question

I run an online store where I take a 20% commission of any sales. How do I claim this correctly?

  • February 5, 2023
  • 1 reply
  • 0 views
I take 20% of the total sales and I want to make sure I claim this correctly without making it look like I had a ton of profits as I didn’t.

    1 reply

    TurboTaxSusan
    February 6, 2023

    You would only have to report the amount that you earned in commissions, not the full income of the store.