274.80

When claiming commissions on commodities or stocks they are simply added into your total earnings for the year. You get taxed at a rate dependent upon your total earnings ( your tax bracket ).

What are you selling? If it's Insurance you get to keep the first month's payment. Most sales jobs pay on a commission for the total amount of the sale.

Agents may receive commissions in two ways: a first-year commission for making the sale (usually 55 percent of the total first-year premium), or a series of smaller commissions paid when the insured pays

Insurance agents are paid commissions on the policies they sell to customers. In other words, they earn money when they make a sale.