Yeah you probably know I make money with adsense, but as a 15 year old dude wth are taxes? If you could help me fill this form out I would Highly appreciate it. 1. Ok first of all what is: Exempt from backup withholding. And what should I check for it? 2. I don't feel safe entering my SSN. Will I get in any kind of trouble for being underaged? 3. How do they pay taxes? Do they just deduct the amount from your total revenue? How much will I lose? Do taxes affect me? Please answer and thank you, thank you, very much.
1) not sure about that one 2) I think they require you to enter your SSN for tax reasons.. because you are only 15, you are breaking the TOS and risk being banned.. but i doubt they use the SSN to check your age 3) THEY do not pay taxes - that is your responsiblity; YOU will have to file a tax return and pay whatever you owe at the end of the year - assuming you make at least the minimum amout (which is like $600 or something) If you're making any real money, you should consult a tax professional.. or your parents..