That makes sense that the commission is an expense, but is it not for Amazon? Amazon is also sending a 1099-MISC as opposed to a 1099-K. Whatever.
And as far as the despondency between what they report-30% and what I got, oh well. I just took what they reported, subtracted what I actually received, and that went on line 10 of Schedule C. It's more like 32%, but that's not my problem. On Friday, April 13, 2012 11:20:38 AM UTC+8, John Coryat wrote: > > I think the logic here is that your company (not Google) earned the income > for your app the moment the app was sold. The amount your company earned is > equal to the amount you sold it for. > > Google's commission is an expense. There's nothing about this expense that > should draw a red flag. Then again, I'm not a registered tax agent. > > The problem I had with this form is it was impossible to cross check and > didn't balance out. I find that to be really the mess here. It seems as if > there is a lack of accounting experience on the part of the engineers > working on the system formally known as the market. That might be the root > of the problem. > > -John Coryat > -- You received this message because you are subscribed to the Google Groups "Android Developers" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/android-developers?hl=en
