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Allison D
Lv 5
Allison D asked in Business & FinanceTaxesUnited States · 1 decade ago

Can you claim client discounts?

If I gave clients discounts for services can I claim that on my tax returns as a deduction? Any helpful websites would be appreciated.

Update:

Thanks Jessie that makes sense.

3 Answers

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  • Jesse H
    1 decade ago
    Favorite Answer

    If you gave a discount, you already are claiming it on your tax return. Your income is less than it would have been if you didn't give the discount, there is your deduction.

  • Jss
    Lv 7
    1 decade ago

    Only if you report your full service charges income (discounted income) on your tax return, and then claim deduction for discounts.

    Source(s): Self employed, independent contractor or sole proprietor http://taxipay.blogspot.com/2008/04/tax-filing-by-...
  • ?
    1 decade ago

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    for Data entry job :

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    Info about Credit&debit:

    http://www.youronlinejobs.com/jot.htm

    Thank you

    Answers.yahoo.com/

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