Question about CCBill

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  • clickhappy
    Confirmed User
    • Mar 2004
    • 4027

    #1

    Question about CCBill

    say you promote 1 CCbill site and made $500 from it last year

    and you promoted another CCbill site and made $2,000 from it.

    Should you claim $2k on your taxes or $2,500?
  • DateDoc
    Outside looking in.
    • Feb 2005
    • 14243

    #2
    Originally posted by clickhappy
    say you promote 1 CCbill site and made $500 from it last year

    and you promoted another CCbill site and made $2,000 from it.

    Should you claim $2k on your taxes or $2,500?
    When it says income it means all income. Why would it be just the $2k? You might want to get someone to do your taxes for you if you are so unfamiliar with taxes and tax law.

    Comment

    • clickhappy
      Confirmed User
      • Mar 2004
      • 4027

      #3
      Originally posted by BusterPorn
      When it says income it means all income. Why would it be just the $2k? You might want to get someone to do your taxes for you if you are so unfamiliar with taxes and tax law.
      i dont know if the different sponsors holding different account numbers are seperate entities, or all fall under ccbill so it should be lump summed.

      Comment

      • teksonline
        So Fucking Banned
        • Jan 2005
        • 2904

        #4
        What he's saying is that if you work for a company and they pay you $500.00 it does not have to be reported because its like a setup of $600.00 plus limit which companies must report.

        But in this case yes since you are being payed from ccbill the answer is $2500

        Comment

        • MikeSmoke
          Confirmed User
          • Nov 2002
          • 3241

          #5
          Originally posted by teksonline
          What he's saying is that if you work for a company and they pay you $500.00 it does not have to be reported because its like a setup of $600.00 plus limit which companies must report.

          But in this case yes since you are being payed from ccbill the answer is $2500
          if it's under $600 the company doesn't have to 1099 you.
          that doesn't mean it's not reportable income.

          icq: 541-739-92

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