This topic is locked, no replies allowed. Inaccurate or out-of-date info may be present.

  • Print

Topic: taxes  (Read 704 times)

aharr1

    US flag
    View Profile
  • Hero Member
  • *****
  • Posts: 668 (since 2013)
  • Thanked: 10x
taxes
« on: December 02, 2014, 03:51:21 pm »
Does anyone know if on this site you make over a certian amount if they will send you a w9 form to fill out? I just got one from GTM for making over 600 in a year?

bleyd

    US flag
    View Profile
  • Silver Member
  • *******
  • Posts: 1871 (since 2011)
  • Thanked: 18x
Re: taxes
« Reply #1 on: December 02, 2014, 05:45:10 pm »
I believe if you make more than $600 per year, a W9 does need to be filled out. I'm not sure if you can fill it out online or need to send it in.

ladavia89

    US flag
    View Profile
  • Platinum Member
  • *********
  • Posts: 4968 (since 2011)
  • Thanked: 348x
Re: taxes
« Reply #2 on: December 03, 2014, 10:22:18 am »
It's $600 on all sites. I had to do the form in October for here

ccandpam

    US flag
    View Profile
  • Platinum Member
  • *********
  • Posts: 4083 (since 2009)
  • Thanked: 94x
Re: taxes
« Reply #3 on: December 03, 2014, 12:51:42 pm »
If you make 600 or more, then you are required to fill out a W-9. On one hand it is good that we have made that much money, but on the other we have to pay taxes, yuck. :monkey:

ladavia89

    US flag
    View Profile
  • Platinum Member
  • *********
  • Posts: 4968 (since 2011)
  • Thanked: 348x
Re: taxes
« Reply #4 on: December 03, 2014, 01:10:10 pm »
If you make 600 or more, then you are required to fill out a W-9. On one hand it is good that we have made that much money, but on the other we have to pay taxes, yuck. :monkey:

You're suppose to report all income regardless of the amount anyway

renee10

    US flag
    View Profile
  • Gold Member
  • ********
  • Posts: 2007 (since 2009)
  • Thanked: 50x
Re: taxes
« Reply #5 on: December 03, 2014, 06:26:15 pm »
I'm going to do an early cash out this month because I know Fusion Cash is going to need a W-9 from me. I'm over $600 right now.

makeblessed

    US flag
    View Profile
  • Gold Member
  • ********
  • Posts: 3000 (since 2013)
  • Thanked: 67x
Re: taxes
« Reply #6 on: December 04, 2014, 03:32:40 pm »
From what I have read, I think most sites are like that; if you go over $600, then the W-9 is required; can't forget those taxes :(

hkckk5

    US flag
    View Profile
  • Gold Member
  • ********
  • Posts: 2614 (since 2013)
  • Thanked: 81x
Re: taxes
« Reply #7 on: December 05, 2014, 06:22:27 pm »
I remember when I first joined and I read all the rules of the site. I do think I saw something about making over 600.00 and taxes.

tfw6693

    US flag
    View Profile
  • Silver Member
  • *******
  • Posts: 1136 (since 2012)
  • Thanked: 32x
Re: taxes
« Reply #8 on: December 08, 2014, 06:03:37 am »
 :) I am sure you have to report your earnings if it is over $600 a year. I would think you would be responsible for the tax form.  :)

skippymcnapper

    US flag
    View Profile
  • Silver Member
  • *******
  • Posts: 1567 (since 2011)
  • Thanked: 76x
Re: taxes
« Reply #9 on: December 08, 2014, 08:38:57 am »
Over $600 and FC will send you the tax forms to fill out, but you should declare the extra income regardless of the amount when doing your taxes.

aharr1

    US flag
    View Profile
  • Hero Member
  • *****
  • Posts: 668 (since 2013)
  • Thanked: 10x
Re: taxes
« Reply #10 on: December 10, 2014, 02:17:58 pm »
Thanks for all the help it makes me feel better about sending in my w9 form.  I thought maybe it was a scam

  • Print
 

Related Topics

  Subject / Started by Replies Last post
Taxes

Started by eleisa in Off-Topic

4 Replies
4794 Views
Last post March 08, 2009, 03:55:25 pm
by heidy626
Taxes

Started by HallidayNN in Off-Topic

5 Replies
2234 Views
Last post April 11, 2010, 07:33:18 pm
by Storm61115
taxes

Started by skostan in FusionCash

0 Replies
748 Views
Last post April 30, 2010, 03:13:43 pm
by skostan
Taxes?

Started by jasmineandjustin « 1 2 » in Payments

17 Replies
3138 Views
Last post August 31, 2010, 01:15:46 pm
by missijl
Taxes

Started by pat2010 in Support

11 Replies
2635 Views
Last post August 21, 2010, 11:45:43 am
by missijl