Online Earnings

**MoneyTalkPro.com** · 05-06-2007

Are we supposed to pay taxes on earnings we earn from online? Like say if we sell a banner spot on our site for $10. Do we have to pay taxes on that?

Migga · 05-06-2007

Well technically I guess we would have pay some form of tax I guess... now if you ask me have I paid taxes for stuff like this and I would surely tell you no I have not. I hope not though.

**MoneyTalkPro.com** · 05-06-2007

How much have you earned in a calendar year? If it's less than $600 overall, we probably aren't required to pay any taxes.

Fewski · 05-07-2007

All income is taxable, but if you only earned a hundred or two in a year from a website, I highly doudt the IRS will be coming after you.

business · 05-23-2007

Yeah, all income is taxable. Income from adsense and stuff that take your SSN are always taxable. Banner spots, thats up to you.

GMROCKS · 05-23-2007

I know that google will send you a tax form if you make more than $1000 in one year, but IDK.

Jerlene · 05-23-2007

Exactly what business said. It's up to you for independent things like that.

exmen · 05-23-2007

If you declare your earnings in your income tax return, you have to pay for your tax. Tax payment system varies from one country to another . I think that is one reason why it is not mandatary for Google to withhold your tax.

tonydnut · 05-25-2007

I thought it depended on your state that you reside in whether you are taxed on your internet earnings.

khulja · 06-20-2007

i think u will be require to pay tax if u earn alot... like 2k and above?

05-06-2007	#1 (permalink)
MoneyTalkPro.com Banned Join Date: May 2007 Posts: 35 Rep Power: 0	Online Earnings Are we supposed to pay taxes on earnings we earn from online? Like say if we sell a banner spot on our site for $10. Do we have to pay taxes on that?

05-23-2007	#5 (permalink)
business Junior Member Join Date: May 2007 Posts: 22 Rep Power: 0	Yeah, all income is taxable. Income from adsense and stuff that take your SSN are always taxable. Banner spots, thats up to you. __________________ http://frugality101.blogspot.com frugality 101

05-23-2007	#6 (permalink)
GMROCKS Junior Member Join Date: May 2007 Posts: 29 Rep Power: 0	I know that google will send you a tax form if you make more than $1000 in one year, but IDK. __________________ http://www.flegh.com/ - Teen Forums.

05-23-2007	#7 (permalink)
Jerlene Senior Member Join Date: Mar 2007 Posts: 1,077 Rep Power: 3	Exactly what business said. It's up to you for independent things like that. __________________ 1 \| 2 \| 3 \| 4 \| 5 \| 6 \| 7

05-25-2007	#9 (permalink)
tonydnut Senior Member Join Date: May 2007 Posts: 101 Rep Power: 1	I thought it depended on your state that you reside in whether you are taxed on your internet earnings. __________________ Diverse Dating group niche dating portal

05-06-2007	#2 (permalink)
Migga Member Join Date: May 2007 Posts: 40 Rep Power: 0	Well technically I guess we would have pay some form of tax I guess... now if you ask me have I paid taxes for stuff like this and I would surely tell you no I have not. I hope not though.

05-06-2007	#3 (permalink)
MoneyTalkPro.com Banned Join Date: May 2007 Posts: 35 Rep Power: 0	How much have you earned in a calendar year? If it's less than $600 overall, we probably aren't required to pay any taxes.

05-07-2007	#4 (permalink)
Fewski Member Join Date: May 2007 Posts: 40 Rep Power: 0	All income is taxable, but if you only earned a hundred or two in a year from a website, I highly doudt the IRS will be coming after you.

05-23-2007	#8 (permalink)
exmen Junior Member Join Date: May 2007 Posts: 28 Rep Power: 0	If you declare your earnings in your income tax return, you have to pay for your tax. Tax payment system varies from one country to another . I think that is one reason why it is not mandatary for Google to withhold your tax.

06-20-2007	#10 (permalink)
khulja Senior Member Join Date: Jun 2007 Posts: 100 Rep Power: 1	i think u will be require to pay tax if u earn alot... like 2k and above?

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