Sunday, April 13, 2014

Information About How to Report A Mary Kay Business On Your Income Taxes

Reporting Mary Kay income follows the same principles as accounting for and reporting any business.  Here are some good, quick-read Mary-Kay-specific bits of information:

Cost of good sold for Mary Kay business:

How to report selling Mary Kay on my Taxes



About Mary Kay gross sales (from the above link):

"Enter your gross receipts on a Schedule C. The easiest way to keep track of this is to keep copies of the receipts that each customer gets with her order. The total of all of the receipts is the consultant's gross receipts."

Good advice.