I just want to know for those affiliates outside the United States who do not get any official income tax form from clickbank. how do you calculate your clickbank income for a particular year? Do you just take the sum of the paycheck for that year as you see it in the paycheck tab as your income or do you try to calculate the total sales you made that year and declare that as your income. Us affiliates who know which one clickbank uses can chime in, I am in Canada if that helps
I believe that both ways are ok. It may depend on specific country. In Canada IMHO both are possible as well.
add up whatever you got paid for the tax period e.g. april to april or whatever period you're using. i do it at the point at which it hits my account but you can do it when you make the sale (accrual accounting). most big companies do it the second way. many freelancers do it the first way. main thing is you need to be consistent with all your other income and expenses. thats why i do it when it hits my account. actually a slight difference and the tax office aint gonna care, will make nearly zero difference to your tax payable. you remind me, i need to file my return soon!!!!
It would be the paycheck, as you did not get paid for refunds at any point. Its not like a tax that is withheld, it is money that you simply never got.
With My tax background I can say that, this view is more appropriate since you need to pay tax only on the amount actually received and not on contingent Income. You are anyway going to pay the tax for the rest of sales in the next assessment year. I am not from Canada though.
the amount deposited in your bank is the actual amount in Canadian dollars , while the amount on clickbank will show you in USD ...you may gain some money or loose some money when the amount is deposited depending on the exchange rate