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This is my second year Marketing. Last year I made over 200k from 5 different ...
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    zeehman's Avatar
    zeehman is offline Junior Member
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    Default Question about paying tax

    This is my second year Marketing. Last year I made over 200k from 5 different network. Its all from PPC but I spent about about 80K total. Since Ill be receiving about 5 w2's on where can I claim my expenses?
    How much you guys think ill be paying? Thanks in advance

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    9_bar is offline Newbies
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    Default Re: Question about paying tax

    depends what country your in, and where your company is based.

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    zeehman's Avatar
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    Default Re: Question about paying tax

    Quote Originally Posted by 9_bar View Post
    depends what country your in, and where your company is based.

    I live in the US. Im just an affiliate.

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    9_bar is offline Newbies
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    Default Re: Question about paying tax

    whats the tax breaks in the US?

    if you want i can help you show where you have spent your money

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    Default Re: Question about paying tax

    How much you pay in taxes will depend on how much you have in expenses and deduction. Also, it depends if you are working as an individual. If so, you will pay much less than if you are set-up as a business with an LLC. You will need to provide receipts when you file your taxes for your expenses.
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    Default Re: Question about paying tax

    Quote Originally Posted by naturalbornthriller View Post
    How much you pay in taxes will depend on how much you have in expenses and deduction. Also, it depends if you are working as an individual. If so, you will pay much less than if you are set-up as a business with an LLC. You will need to provide receipts when you file your taxes for your expenses.
    Naturalborn is right ... if you have not received yet the networks will send you all the IRS forms (if in the US) and you need to find a good IRS guide on what is deductible as a business expense = Net Taxable Income

    Now us the IRS guide in the link to estimate

    http://www.irs.gov/pub/irs-pdf/i1040tt.pdf

    JQ

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