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Epassporte - Do I need to pay tax?

Discussion in 'Business & Tax Advice' started by BHidiot, May 2, 2009.

  1. BHidiot

    BHidiot Registered Member

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    This tax thing is really bothering me.

    Someone said if you use epassporte you don't need to pay taxes.

    If you use paypal, you will have to pay taxes.

    this is a big problem.
    I wonder what most of you are doing.
     
  2. spud--1

    spud--1 Jr. VIP Jr. VIP Premium Member

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    You are supposed to pay tax on everything you make online it doesnt matter how you accept the money, if you dont and are caught then you will be dealt with for tax evasion.
     
  3. BHidiot

    BHidiot Registered Member

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    Well, the problem is that you don't have paperworks to show for.
    How would they know how much is donation and how are actually work or sale related.
     
  4. cucr3

    cucr3 Regular Member

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    When you get a 1099 in January it will say how much is work related. The employer it not going to lie about how much he pays you because the more he pays out the less in taxes he will pay.. I assume this is your situation, you do IM and are paid via espassorte?
     
  5. plunge

    plunge BANNED BANNED

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    if you get paid, you report it.. doesn't matter if they paid you in pennies, nickels, epass, paypal.
     
  6. innocent

    innocent Junior Member

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    How many times is someone going to ask about whether or not they have to pay tax.

    Look, if you earn money, you pay income tax on your profit (income minus expenses).

    What part of this is so difficult to understand?
     
  7. cashcow

    cashcow Junior Member

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    Unless you are W8-BEN , then yes, you have to
     
  8. faster78

    faster78 Newbie

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    my idea was , epassporte money are out of taxes, that's why I requested the CC from them.
    anyway, sponsors that put money on epass, asked me tax id, so,
    nothing is changed from other payments.
    they are tracked for sure
    like e.ay transactions, and paypal.

    the true thing is the I cannot show papers for these incomes,
    so, everything is handwritten by me, and reported into final taxes.

    I don't known how much I can handle them "handwritten",
    if become big they want to see papers with tax id on it,

    I'm not scared at all,
    I think is better to get the full chance,
    compile taxes as I want (enough to prove a good imcome)
    only because I cannot show them "papers", and they will definally don't understand where money come from...