they file taxes for ads? what? |
 Jul 27 2009, 06:17 PM
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Senior Member  Group: Member Posts: 108 Joined: Jun 2009 Member No: 732,503  |
on another forum there was a topic about how they will file taxes on the money recieved from your ads? i don't get it?
i currently only use bidvertiser.. i wouldn't have to pay taxes on it right? idk, this whole thing is confusing. |
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Jul 27 2009, 07:11 PM
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 Senior Member Group: Staff Alumni Posts: 2,435 Joined: Feb 2007 Member No: 506,205 |
As far as I know you have to pay taxes. But unless you're making thousands a year, it won't even be noticeable.
My ad accounts are set up under a bank account that my dad had to cosign (I'm under 18), so any taxes are added to his. He says it's barely anything. 
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Jul 31 2009, 11:54 PM
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 Seoul Rocks! Group: Member Posts: 936 Joined: Jun 2005 Member No: 155,811 |
QUOTE(schizo @ Jul 27 2009, 06:11 PM)  As far as I know you have to pay taxes. But unless you're making thousands a year, it won't even be noticeable. My ad accounts are set up under a bank account that my dad had to cosign (I'm under 18), so any taxes are added to his. He says it's barely anything. WRONG!!!!!!!!!!!!!!!! OH SHIT WRONG!!!!!!!!!! File taxes on EVERY penny you make. The company that you are using to advertise will list you on their taxes, and the IRS if they want will do a cross check to see if you paid in. On the other hand, there are limits. Say you only make two grand in advertising a year, the government could care less. One year I made a little over $12,000 on advertising using multiple ad publishers, and I actually got money back on my taxes for doing it. Sometimes it's best to just file. It's better to pay then to get audited. |
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Posts in this topic
xojessiee they file taxes for ads? what? Jul 27 2009, 06:17 PM
xojessiee but what about bidvertiser? does ALL ad sites make... Jul 27 2009, 07:41 PM allvanishing It's not that the ad sites are charging you ta... Jul 27 2009, 11:55 PM synatribe If you live in America, you do not need to pay tax... Jul 28 2009, 12:11 AM xojessiee ohh. yeah, ever since i got paypal i only made li... Jul 28 2009, 12:04 PM
ley I find the word tax halarious, i guess thats what ... Jul 28 2009, 02:24 PM
synatribe QUOTE(xojessiee @ Jul 28 2009, 12:04 PM) ... Jul 28 2009, 05:32 PM fixtatik http://www.irs.gov/publications/p501/ar02.html
If ... Jul 28 2009, 06:48 PM xojessiee oh & for bidvertiser i was going to have the m... Jul 29 2009, 08:15 PM |
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