FC Community
Discussion Boards => Support => Topic started by: pat2010 on August 17, 2010, 06:21:12 am
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I'm guessing we have to report this to our taxes correct?? hahaaaa :dontknow:
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Hello pat2010,
You guessed correctly :)
http://www.fusioncash.net/tos.php
Fees. Certain fees apply for different cashout methods. Please refer to the account information page for specifics. The user is solely responsible for all federal, state, and local taxes and other fees associated with cashout receipt and use.
FYI: Expiration. Once an offer or bonus has posted to a user's account, he/she must "cashout" within 180 days. After 180 days, offers and bonuses expire and are no longer eligible for payment.
Check out my begginers guide to FAQ'S If you find it use full please leave a reply there :)
http://www.fusioncash.net/forum.php?topic=15241.0
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Taxes are so lame. I don't understand why we can't just not do them! :BangHead:
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Taxes if our leaders were to use tax dollars for the right reason instead of funding programs that do not benefits mankind social developement they are just a waste of tax payer funds. I do not need to provide a list of such waaste for we all know what they are.
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I wish they would do away with the income tax, and go to a national sales tax. Then we could earn as much as we want without worrying about whether or not the income is taxable. Of course, the states would have to stop their income taxes too.
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You don't normally have to worry about whether earnings are taxable.....just assume that they are, Uncle Sam does. :wave: :wave:
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Hello pat2010,
You guessed correctly :)
http://www.fusioncash.net/tos.php
Fees. Certain fees apply for different cashout methods. Please refer to the account information page for specifics. The user is solely responsible for all federal, state, and local taxes and other fees associated with cashout receipt and use.
FYI: Expiration. Once an offer or bonus has posted to a user's account, he/she must "cashout" within 180 days. After 180 days, offers and bonuses expire and are no longer eligible for payment.
Check out my begginers guide to FAQ'S If you find it use full please leave a reply there :)
http://www.fusioncash.net/forum.php?topic=15241.0
Thank you
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Hello pat2010,
You guessed correctly :)
http://www.fusioncash.net/tos.php
Fees. Certain fees apply for different cashout methods. Please refer to the account information page for specifics. The user is solely responsible for all federal, state, and local taxes and other fees associated with cashout receipt and use.
FYI: Expiration. Once an offer or bonus has posted to a user's account, he/she must "cashout" within 180 days. After 180 days, offers and bonuses expire and are no longer eligible for payment.
Check out my begginers guide to FAQ'S If you find it use full please leave a reply there :)
http://www.fusioncash.net/forum.php?topic=15241.0
Thank you
Your welcome :)
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I'm not sure of the exact number but I belive it's if you make less than $500 in a year you do NOT have to turn it in. I know this because my former employer would pay "certain" workers in $499 checks and would write one directly to the person then write the next out to another person in their family and so on and so on... There are ways to work the system and fudge the books as well but i'm sure none of this applies here at Fusion Cash as i'm sure they are and Up & Up company when it comes to reporting their taxes .. wink wink! Anyhow, as long as you don't make over $500 in a calendar year on here you should be good to go. Hope my ramblings made some sort of sense! ::)
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Keeping in mind that if you DO have some other sort of taxable income coming in which is being turned in on the other side you WILL have to consider anything made on here income. It's only if this is your ONLY source of income would you be ok if under $500!
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so how do we claim this its not like I'm going to make over 5000 dollar by January doing this. Is this considered and extra job so how does it fill out on a federal form?? anyone know
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I wouldn't rely on a forum to give you tax information, since everyone's tax situations are so different. I will say, though, to be safe, ALL earnings should be reported (not just over $600). Each individual should talk to the person who prepares their taxes. These people can give you advice on what's best for your own situation.