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Filing Taxes On Survey Income

Discussion in 'Making Money' started by Domo_18895, Jan 29, 2013.

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  1. Domo_18895

    Domo_18895 Newbie

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    Hi, I've been taking online surveys over the last year and have made enough money that I should probably file taxes on it so was wondering how I would do this. Thanks in advance.
     
    Last edited: Jan 30, 2013
  2. carlikito

    carlikito Regular Member

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    LOL, no you didn't. :bs2:
     
    Last edited: Jan 29, 2013
  3. OMGWTFISTHIS

    OMGWTFISTHIS Power Member

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    You mean you work with a CPA/PPD company? You should be getting a 1099 form shortly, I just got mine today - notifying my annual earnings for 2012. Then once you get the other form (No clue what the hell it is), you fill out that information and a bit more. I'm not exactly sure what the percentages are, and I don't know much about taxes, but it's a decent cut from your earnings. I owe around $1,200 for my taxes, but that's okay - I've been saving for it. :p

    Edit: By the way, it depends if you are using Paypal as your processor or via your bank. And this is all assuming IF you are actually giving people surveys, not completing them.
     
  4. Snap-Dragon

    Snap-Dragon Newbie

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    Geezes 40k! Forget that you need to find a way to hide that away so the government doesn't rob it all
     
  5. Webify310

    Webify310 Newbie

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    How did you make 40 thousand dollars doing survey's
     
  6. Domo_18895

    Domo_18895 Newbie

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    Snap-Dragon:
    Haha naw that's ok rather pay them the money than be sent to prison


    Webify310:
    Pretty easy actually using Grease Monkey to fill in forms and using multiple accounts to maximize my profits.
     
  7. Freddy1989

    Freddy1989 Newbie

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    Huh.... doesn't using multiple accounts by chance break the ToS the survey site(s) you use and if so wouldn't that make that money illegally gained? Should you be filing taxes on illegally gained money?


     
  8. carlikito

    carlikito Regular Member

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    4 first time posters on this useless thread? :detective
     
  9. Domo_18895

    Domo_18895 Newbie

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    carlikitio:
    lol I could see your reason for skeptisism from the way I phrased the question, but I want be plugging any links or services here as genuine question. In fact I probably want to go back and make that first post see
    m less scammy as the preview of it reads "This year I have made in excess of about $40,000 dollars doing surveys and such ..." :|

    OMGWTFISTHIS:
    Taking the surveys actually and they didn't pay me through paypal or anything (would mention site but promised no links above and I think site name would count as that) it's a redemption system. You earn point and redeem them on amazon gift cards and such which are sent to your e-mail. I assume I have to add up the costs of all the gift I recieved or something like that?

     
    Last edited: Jan 30, 2013
  10. youngd

    youngd Junior Member

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    I dont know much about taxes but gift taxes can be more than incomes taxes. You should really look into that. You have until april anyway.