BobKamman
Level 15
01-08-2022
11:30 AM
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- Receiving fees, compensation or other income for endorsing products or services.
If Intuit pays me a fee for endorsing TurboTax, it would fall into that category. But if I recommend that people buy TurboTax and post a link to an Amazon page where it can be ordered, it's Amazon that will pay me a commission. Does that make me an influencer for Amazon? And in the case of Amazon, they will also pay me a commission on anything else you buy during the next 24 hours, even if you don't buy TurboTax. Have I influenced you to shop at Amazon, when you probably already have Amazon Prime and would go there anyway even if I told you to try WalMart?
Silly discussion. Deduct the QBI. It expires soon anyway, doesn't it?
As Justice Gorsuch says, hundreds of thousands of people die every year from influencers.