My wife started selling Avon this year as a means of raising money for missions trips for our church. 100% of the proceeds are donated to the church. My question is can I show these donations as an "expense" on schedule C. If not then I know I can deduct them from schedule A as a charitable contribution. If I deduct them on schedule A then I still end up having to pay 15.3% self employment tax on the business "profit" even though it was all donated. Is it legal to simply deduct the profit that is donated so that we can zero out our income and expenses on schedule C and pay no taxes at all for the business?
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