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June 4, 2019
Solved

Can commissions not received be claimes as a loss on taxes/

  • June 4, 2019
  • 1 reply
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Company my wife was   representing went bankrupted and she did not get commissions on several items sold and delivered, thus a loss of income.  Is that a realized loss for taxes.

Best answer by Coleen3

No, unless it was reported as income on a 1099-Misc and you can't get a corrected version. Since it is an income tax, you merely report the income you did receive.

1 reply

Coleen3Answer
Employee
June 4, 2019

No, unless it was reported as income on a 1099-Misc and you can't get a corrected version. Since it is an income tax, you merely report the income you did receive.