1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Adult ad world taxes?

Discussion in 'Business & Tax Advice' started by lukeevans, Jan 19, 2009.

  1. lukeevans

    lukeevans Junior Member

    Joined:
    Aug 18, 2008
    Messages:
    151
    Likes Received:
    4
    I've been receiving about $100 per check a month from them, but never paid taxes on it? I had to fill out a tax form upon signing up, but is $100 reported or is it only a certain amount?
     
  2. Tom

    Tom Regular Member

    Joined:
    Mar 24, 2008
    Messages:
    211
    Likes Received:
    108
    It is in their best interest to report everything you were paid, and you should do the same. However, the only way to find out is to contact them.
     
  3. the_demon

    the_demon Jr. Executive VIP

    Joined:
    Nov 23, 2008
    Messages:
    3,177
    Likes Received:
    1,563
    Occupation:
    Search Engine Marketing
    Location:
    The Internet
    I believe you do not have to report until you've made $600 or more. For the year.
     
  4. lukeevans

    lukeevans Junior Member

    Joined:
    Aug 18, 2008
    Messages:
    151
    Likes Received:
    4
    But after I made $600, I will have to pay around 2x% of it? Kind of lame seeing as how I spent most of it :p
     
  5. blackhat50

    blackhat50 Regular Member

    Joined:
    Oct 22, 2008
    Messages:
    336
    Likes Received:
    103
    depends on your tax bracket, but yes once you made 600$ in a year you will be required to report that to the irs at the end of the year

    its around 20%ish precent they want from earnings