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View Full Version : Adsense - PayPal - Affiliates & Taxes

TwisterMc
Feb 18th 2005, 8:05 am
I know that receiving an adsense check or two that I'll need to claim that. Do I just tell the tax guy that google paid me $xxx.00 or do I need a form?

Now what about PayPal? I received no money from them, but my account has gone up in the past year.

Any other technicalities I should know about? ;)

Thanks
Josh
Feb 18th 2005, 8:14 am
If you earned over $600, Google should have sent you a form.. but if you earned under $600, you don't have to claim it.


Josh
debunked
Feb 18th 2005, 8:27 am
If you earned over $600, Google should have sent you a form.. but if you earned under $600, you don't have to claim it.

Josh

That is $600 combined income from these sources, not just one by one, the taxman wouldn't let that slide.
Dastar
Feb 18th 2005, 10:56 am
Actually, last time I checked, companies are supposed to report any thing they pay out over $600, but if you earned over $400 in self made income, you have to report it.
TwisterMc
Feb 18th 2005, 11:01 am
I think I'm safe then, but good to know.
Estrange
Feb 18th 2005, 11:32 am
I looked at Inlandrevunue but I couldn't find anything about this subject.
Do I have to claim and pay tax for what I earned from web services?
Has anybody know anything about this?
As far as I know if my bank notice that a quite large amount of money has been credited to my account, they start to investigate.
But I don't know the limit of this amount?
Is there anything that I have to be care of?