Question about CCBill - GoFuckYourself.com

clickhappy · 03-21-2005, 08:41 PM

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 · 03-21-2005, 08:51 PM

Quote:

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.

clickhappy · 03-21-2005, 08:53 PM

Quote:

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.

teksonline · 03-21-2005, 09:30 PM

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

MikeSmoke · 03-21-2005, 11:12 PM

Quote:

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.

03-21-2005, 08:41 PM	#1
clickhappy Confirmed User Industry Role: Join Date: Mar 2004 Posts: 4,027	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?

03-21-2005, 09:30 PM	#4
teksonline So Fucking Banned Join Date: Jan 2005 Location: At My Desk Posts: 2,904	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