Affiliate commission and tax

Since I am an accountant. I worked for the monster called the IRS for a lot of years leaving in 1992.

Let see the credit card company does not buy your product or service. It may collect for you but that is all.

Let say you collect all the money less the fees to city bank. You pay your sales people $50 and you keep $50. You received $100 the sale was for $110 and the bank took $10 sending you $100.

If you show the $100 in your return you can deduct $50 for commissions.

If you show $50 you can deduct nothing. I hope that helped.


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