Adsense JV Taxes

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wahpah22

Registered Member

Jun 17, 2013

67

4

• Aug 9, 2013

• #1

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

 

DunDidIt2X

Elite Member

Mar 22, 2012

2,863

2,432

• Aug 9, 2013

• #2

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.

 

EmpireQuality

Elite Member

Jan 18, 2010

1,912

386

• Aug 9, 2013

• #3

if your in the states, its going to be about 33%
but always remember to write off your expenses

 

BlackHatRael

Junior Member

Jun 13, 2013

182

138

• Feb 1, 2014

• #4

Depend on the principal country you pay taxes.

 

liftitbuddy

Newbie

Aug 9, 2009

19

2

• Feb 12, 2014

• #5

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!

 

Reyone

Elite Member

Jr. VIP

Sep 30, 2012

1,617

1,313

• Feb 12, 2014

• #6

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.

 

seosid

Regular Member

Dec 6, 2011

334

37

• Jul 24, 2014

• #7

Well said )) .

Reyone said:

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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