Tag Archives: MLM

Direct Sellers Personal Use of Product

Today TaxMama® hears from Bill in the Tax Quips Forum who raises a good question. “I have a lot of independent distributors asking about deducting their autoship of product for personal use. They say that their tax person said you can claim the deduction because you have to “be a product of the product” or […]

Network Marketing and Unemployment

Today TaxMama hears from Paul in New York in the TaxQuips Forum, with an interesting question. “I joined a network marketing company couple year ago. When my downlines bought merchandise I would receive commissions. Two months ago I got lay-off from my regular job. And I filed for unemployment benefit from NYS Unemployment Office. Do […]

Personal Purchase (MLM)

Today TaxMama hears from Sherrie in Salina, KS, who tells us, “I am an independent marketing executive working out of my home. The company I work for requires a monthly purchase in order to earn commission checks. Can I claim the cost of that monthly purchase as a business expense even though I use the […]