Tax

[hicham1976]

when you earn 600 in one year then you have to pay tax 

[patti4me]

My husband and I are both on SS now and don't really think anything I make on Fusion Cash would have much impact on our income tax return.  I'll have to check into that between now and the end of the year.  I'll report it for sure though.  I used to do income tax returns to make a little extra money and I never encouraged anyone to lie on their returns; as a matter of fact I turned some ppl down on preparing for them when they wanted me to report something that wasn't true.  I even had one guy come back in to tell me he was getting more back on his return cause he found someone who would use the incorrect info he wanted used.  I told him that would be great unless he got audited and was just glad my name wouldn't be on it anywhere.  Not trying to sound self-righteous but don't wanna mess with the IRS!!

[hicham1976]

I wish make 1000$ on fusioncash but it stay dream. may be fusioncash grow up and it become possible to make it

[sunwaters]

I wish I make lots of money and I would love to give my share to Uncle Sam 

[makeblessed]

Not sure of what the threshold is for paying taxes, I believe it  is $600 need to do more research, however I am sure if taxes need to be paid Fusion Cash I hope will send us the appropriate document indicating such, I  do not cash out every month, so I do not expect to earn funds that meet the threshold unless it is a small amount! but if so, then I will do my duty and report.

[twang18]

I don't have to worry about that anytime soon. I'm glad.

[melodylogan45]

The turning point is definitely $600. I requested my 6th cash out 10 days ago and at that point, the cash out process was a little different. I was told that since I had already received over $600, I would need to provide my SSN # as well as other personal info for tax purposes before I could receive anymore FC payments. So, I will apparently be receiving tax papers/forms at some point. Yay! Haha   

thank you for the information.

[melodylogan45]

I made over 400 in 10 months and that was with zero referrals.  Missed the first few months of last year since I didn't start looking for these sites until February.  Although unlikely, it is very possible.  Especially if you do have a few good referrals

how did you do it.

[melodylogan45]

I think $600 per year need to tax.....but I never know.... maybe a few can make that much in FC per year. Does anyone know who can make $600 per year at FC?

I can!    Joined FC in November and I've already received 3 payments worth $331 and I'm expecting my 4th payment ($136) in the next few days. With those 4 payments, my banner will say 'Total Received: $467' and 'Completed Offers worth: $600+' because I still have another 2 weeks to earn money and right now, I am already at $66.50. I will probably be earning $600 every 6 months. I'm sure I'm not the only one earning this much. Those who have referrals probably earn more than me. It's definitely possible to earn $600 a year.  

Congratulations, nice income.

[sunwaters]

The key here is hard work and dedication, right Elisajoy?

[twang18]

 Thanks this infomation will be very helpful.

The turning point is definitely $600. I requested my 6th cash out 10 days ago and at that point, the cash out process was a little different. I was told that since I had already received over $600, I would need to provide my SSN # as well as other personal info for tax purposes before I could receive anymore FC payments. So, I will apparently be receiving tax papers/forms at some point. Yay! Haha   

thank you for the information.

[hawkeye3210]

Not sure of what the threshold is for paying taxes, I believe it  is $600 need to do more research, however I am sure if taxes need to be paid Fusion Cash I hope will send us the appropriate document indicating such, I  do not cash out every month, so I do not expect to earn funds that meet the threshold unless it is a small amount! but if so, then I will do my duty and report.

The threshold for reporting income is $1. Whether you are required to pay taxes or not will depend on your individual circumstances.