Adsense JV Taxes

wahpah22

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Hey BHW! I'm pretty stumped right now I can't figure this out. Hopefully you guys can help me.

So I'm in this Adsense JV with someone and we're making a lot over $100+ a day. We're splitting the earnings 60/40. I get 40%. Now my question is how much will taxes cost? I don't mind paying them if they're no that much, but I don't want to end up using all the money I made on the taxes.

Any advice on this would be helpful.

Thank you :)
 
This depends on your Living Dependency status. Try google a IRS tax calculator to see what you should be setting aside based on your status.
 
if your in the states, its going to be about 33%
but always remember to write off your expenses :)
 
I am an attorney and CPA focusing on the affiliate marketing industry. I would be happy to help you prepare your taxes. Please feel free to contact me!
 
You want to pay your taxes, no matter what the % is... I think you better be half rich and enjoying it than being double rich and in jail.
 
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