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Topic: how come????  (Read 2305 times)

Oryon20

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Re: how come????
« Reply #15 on: February 15, 2011, 10:52:40 am »
FC opened up to Canada in October.  The site is a bit different for them: no PTC, no daily email, and a different selection of offers.  Also, there is the $600/year cap on redeemed earnings for Canadian members.  As mentioned, it's to minimize the tax related paperwork on our end.

Admin:  ???  What is the cap on redeemed earnings for U.S. members   ???  $400 or $600   ???

There is no cap for U.S. members on earnings, at least that I am aware of.  However, if you earn $600+ in a tax year, FusionCash will send you a 1099 form for income tax.  That's not to say that if you earn under $600 you don't have to pay taxes on it, but rather you just won't receive a 1099.  Everyone's tax situation is different.  You are best to consult with a tax professional for further assistance and advice.
« Last Edit: February 15, 2011, 10:55:43 am by Oryon20 »

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Re: how come????
« Reply #16 on: February 15, 2011, 11:07:40 am »
Correct, no cap on earnings for US members (some have made tens of thousands of dollars).

monnee

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Re: how come????
« Reply #17 on: February 15, 2011, 11:33:32 am »
Thanks for the info.   :)

frozenimage

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Re: how come????
« Reply #18 on: March 19, 2011, 06:13:34 pm »
what, really? From what I've read, so Canadian users earn more and keep more of their money compared to U.S users?

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Re: how come????
« Reply #19 on: March 20, 2011, 04:23:46 am »
what, really? From what I've read, so Canadian users earn more and keep more of their money compared to U.S users?
No... US & CA have different offers available, and CA users can only cashout via PayPal.  CA users have a $600/yr cap on earnings whereas US users do not.  Those are the main differences for US & CA users.  Since the vast majority of people do not manage to make $600/yr it's not a particularly relevant point, anyway :)

angeljob24

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Re: how come????
« Reply #20 on: March 23, 2011, 08:21:44 am »
I don't know why you would be worried about a $600 yearly earning cap anyway. I would love to earn $600 on here in a year, but not many people have that kind of time! So if you make it as high as $600, congrats to you!

wishingstar2

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Re: how come????
« Reply #21 on: March 23, 2011, 08:56:27 am »
hmm good question

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