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Topic: taxes  (Read 937 times)

Gerianne

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taxes
« on: April 19, 2011, 07:35:36 am »
Do we have to file tax from the money earned at Fushion Cash?

Lunasea

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Re: taxes
« Reply #1 on: April 19, 2011, 12:48:53 pm »
Technically in the U.S. you need to claim all earnings.

oldbuddy

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Re: taxes
« Reply #2 on: April 19, 2011, 01:13:54 pm »
Do we have to file tax from the money earned at Fushion Cash?
Only if you want to stay out of jail.

If you make over $600 they send you a form 1099 and another copy to the IRS. I would suggest you include that on your tax return or they will find you.

swogden

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Re: taxes
« Reply #3 on: April 20, 2011, 07:08:25 am »
Before you get that cash out amount that would take you over $600 the first time, FC will request that you send them you social security number so they can complete the 1099.

southernhorizons

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Re: taxes
« Reply #4 on: April 23, 2011, 02:59:07 pm »
I never have to worry about getting that much per year.

Gerianne

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Re: taxes
« Reply #5 on: April 24, 2011, 08:18:12 am »
I'll never reach $600; I don't care to try. I just do this because it's fun. An extra $25 every quarter is nice enough for me.
I never have had high earnings in my life.
I have a disability and am on Social Security. I never made enough to PAY the IRS and don't make enough to get anything back either.
The Social  Security Administration stipulates that a person can earn $900 aside from his (her) Social Security earnings.  Thanks for filling in the blanks, everyone. Today is Easter, by the way so, Happy Easter!

ieatfelt

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Re: taxes
« Reply #6 on: April 25, 2011, 09:57:07 pm »
I took all my payment receipts in to the H&R man this year just to be safe. I didn't have over $600 but wanted to be double sure I covered my bases. On a side note I did learn that if I go over $600 this year (which combined with other sites i'm almost there already) he informed me that you can claim your internet cost as a buisness expense deduction! Now that's some awesome info!!  ;D

engine

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Re: taxes
« Reply #7 on: April 27, 2011, 02:54:15 pm »
Do we have to file tax from the money earned at Fushion Cash?
I wonder how it works on the Canadian side, new to this and the c dollar is higher the the a dollar. If it is converted that makes me a little more. Is Rev Can expecting me to claim this income?

springsgardner

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Re: taxes
« Reply #8 on: April 30, 2011, 03:11:30 pm »
I was curious about this, too. I doubt I make that kind of money. Did you deduct the trial offer costs from the earnings? For instance, if an offer costs $5 and I get credited $7, would I be able to deduct the $5 and say I earned only $2? If so, I better keep good records because I've seen a fair few that have a charge that the offer covers. I've also seen some offers that cost more than you get paid.

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