How do you reporting self-employment income, where agent commissions have already been deducted before payment was received?

[TurboTaxJennifer · Accepted solution]

In the Business section, enter the income (before deductions) as the Gross Income amount. In the Expenses section, deduct the commissions as Management/Administration fees.

[bskik2021]

RE: "In the Expenses section, deduct the commissions as Management/Administration fees."

Unable to locate a "Management/Administration fees" section in turbo tax Self-Employed.

[TurboTaxSusan]

@bskik2021 In TurboTax Self-Employed Online 2022, the box to enter Management/Administration fees is on the page after Office Supplies, and is titled "How much did you pay for Banking and Other fees?".