[pianotech] pros and cons of discounts

[Jon Page]

>>>Plus, it is also now a tax deduction for us as a donation.    If it is an
>>>organization anyway.
>>Actually, it is not a donation; it goes on SCh C, line 2: Returns and
>>Allowances.
>Oh.  How about if it is a school or church or something simliar?

If you are returning an overpayment you do not want it subject to
the deductions rules on Sch A (not sure exactly what they are) but
it is better to reduce the Gross Receipts or Sales (Sch C, line 1) directly.
-- 

Regards,

Jon Page
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