Does Groupon Ads qualify for advertising deduction for small business? They take 50% of your income from each coupon that gets booked
They advertise you online and take 50% of your fee for each customer that books an appointment for reflexology. So, if you had 50 people book at 25.00 a session, they would take 625.00 of the 1250.00 in fees advertised with Groupon.
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1 Best answer
TurboTaxRich
Level 5
Oct 30, 2019 4:58:44 AM
Yes, this would qualify as an advertising expense. Ensure that you are claiming the full amount of income (i.e. $1,250 from your example) in your gross revenue and then deduct the 50% cut for Groupon as an Advertising expense.
1 Replies
TurboTaxRich
Level 5
Oct 30, 2019 4:58:44 AM
Yes, this would qualify as an advertising expense. Ensure that you are claiming the full amount of income (i.e. $1,250 from your example) in your gross revenue and then deduct the 50% cut for Groupon as an Advertising expense.