do you pay taxes for your website? Options

[rail01]

if you have a site and its making money do you have to report it every april as if it was a real job? if so how does one go about doing it?

[synatribe]

if your under the age of 18 and your making more than 3000 a year then you need to report it. If your not making 3000 or more than you dont need to report taxes. Google ads require you to report your taxes, which is why I dont get why 16 year olds would lie about being 18 and use google ads anyways, whereas bidvertisers dont require it. :]

[rail01]

if your under the age of 18 and your making more than 3000 a year then you need to report it. If your not making 3000 or more than you dont need to report taxes. Google ads require you to report your taxes, which is why I dont get why 16 year olds would lie about being 18 and use google ads anyways, whereas bidvertisers dont require it. :]

so if your making $3000 you have to report it matter what. but then you say google ads require you to report your taxes.....does that mean you had to make 3000 or over soley on ads, withOUT selling products on a site to report it? in other words, if you made 2000 off ads only do you still report it?

[synatribe]

google sends you checks to your house, but bidvertisers uses paypal, if it is a check under your name, you need to have either a savings or a bank account, so if you make 3000 then you need to report it but no one checks paypal, I would say that the only drawback it that for paypal if you dont have a buisness account than they dont let you transfer more than 3000 but if your verified and have a buisness account then they let you transfer and that when you need to do tax returns

[manny-the-dino]

Topic Closed, and Moved to Resolved Topics. Please PM a moderator if you would like this reopened.