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Do I Have To Claim Internet Earnings?


rebelmel Rep Points: 1,650
Posted on April 1, 2009 at 7:28 pm
i Iwas wondering - do i Ineed to claim the earnings i Imake from the internet on next years taxes? i Ididn't earn anything online in 2008, so i Idon't need to worry about it until a year from now, but i Ijust want to know so i Ican keep all of my paperwork organized.

dexterous21 Rep Points: 600
Posted on April 1, 2009 at 8:19 pm
I don't think so. I don't pay taxes with my online earning. This is my only job where I can free myself from these duty.

thinkingoutloud Rep Points: 355
Posted on April 1, 2009 at 8:52 pm
I am not a professional, and probably don't live where you do, so I highly recommend you contact your local tax authority or an accountant.  In general, though, income earned over the internet IS taxable.  It is still income... from self-employment.

sophie_dfuss Rep Points: 2,445
Posted on April 1, 2009 at 11:59 pm
Thats great to hear that online earnings are tax-free. I just started lately about this work at home lately and I am happy.

di1159 Rep Points: 540
Posted on April 2, 2009 at 10:17 am
If the company sends you a 1099 you have to report it because they've already advised the IRS.  If your social security number is registered with them, they will send you a 1099 for you to report. 

apocalypsereturns Rep Points: 765
Posted on April 2, 2009 at 10:38 am
If you earn a lot or the money will be able to  move your tax scale i think you will have to tell te tax authority

momtrying2makeit Rep Points: 680
Posted on April 2, 2009 at 10:44 am
Thats right about the 1099 you must file that because they told the IRS about the money they paid you. If they do not send the 1099 than I would say no. But I would be very careful about this because you do not want to get in trouble later on down the road. This my best advice about this.

lynnemg Rep Points: 830
Posted on April 2, 2009 at 12:49 pm
I am pretty sure that if you earn over $600 on-line, you are supposed to report it. Some on-line companies will send you a 1099 and if you receive that, you are required, by law to include that income for tax purposes.

wonderful1 Rep Points: 1,270
Posted on April 2, 2009 at 12:59 pm
I had never thought paying taxes for online earning. The annually amount of online earnings is too low to reach the standard of paying tax.  

koubowen1 Rep Points: 310
Posted on April 3, 2009 at 3:33 am
Online earning needn't taxs. I cant believe if online income ask taxs.
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