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Topic: Is this money taxed?  (Read 629 times)

Arrielle03

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Is this money taxed?
« on: February 17, 2017, 11:54:00 pm »
Hi all!
Just signed up...was wondering before I go too deep....do you have to claim this on your taxes or how does that work?

berthabutt

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Re: Is this money taxed?
« Reply #1 on: February 18, 2017, 03:27:31 am »
Hi and welcome to FusionCash!   You only have to claim income on your taxes if you make over $600 in a Calender  Year at a single site.

ladavia89

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Re: Is this money taxed?
« Reply #2 on: February 20, 2017, 09:56:57 am »
You're suppose to claim all income regardless of the source and amount. The site just isn't required to send your a 1099 unless you receive over $600

southernhorizons

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Re: Is this money taxed?
« Reply #3 on: February 20, 2017, 10:09:14 am »
You're suppose to claim all income regardless of the source and amount. The site just isn't required to send your a 1099 unless you receive over $600
There probably aren't too many people who actually report this income if they don't make enough to get a 1099.

sherryfan

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Re: Is this money taxed?
« Reply #4 on: February 22, 2017, 05:10:08 pm »
Over $600 need to be taxed

heypeg

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Re: Is this money taxed?
« Reply #5 on: February 22, 2017, 05:29:06 pm »
Not sure if you do or not.

hkckk5

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Re: Is this money taxed?
« Reply #6 on: February 23, 2017, 06:57:11 pm »
When I joined I remember reading something about if you make 600.00 or more you must file on your taxes. Fusioncash will send you the tax form you need. I don't even get close to earning that much.

elvisdo

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Re: Is this money taxed?
« Reply #7 on: February 24, 2017, 07:55:05 am »
My accountant informed me one time that what I make on here isn't even enough to make a dent for income tax purposes.

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