Clickbank income tax question for U.S. merchants

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Clickbank income tax question for U.S. merchants

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Bobby

Joined:
12 Jul 2003

Posts:
764

Posted: Fri Nov 14, 2003 3:27 pm Post subject: Clickbank income tax question for U.S. merchants


This is my first year of having sales through Clickbank as a merchant. With each sale, they deduct $1 plus a percentage. I assume those fees are a tax deductible expense. Does anyone know how to get a record of income earned from Clickbank and total fees paid to Clickbank? I would think it would be wise to have this documentation in case of an audit. Clickbank sends out an email notice whenver a sale is made, but that just lists the gross amount, not the net amount earned after the fees. How do others obtain this documentation? Thanks, Bobby

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