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Topic: $600 in a year  (Read 5877 times)

Azanne07

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$600 in a year
« on: March 03, 2018, 07:06:29 am »
You would have to make on average $1.64 a day from December to November to have reached the $600 and get a tax paper in the mail.

I start at December because of you cash out in December you get your money the next year and would be counted in the next years taxes.

I never have to worry about that.

I don’t think I’ll ever make 50 a month I would have to save up from July to November cash in December and maybe I could do that in a year and a half

jkhanson

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Re: $600 in a year
« Reply #1 on: March 03, 2018, 07:25:48 am »
I don't earn enough during the year to get a 1099 for taxes.  I cash out roughly every other month.
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kathleenkleinhans

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Re: $600 in a year
« Reply #2 on: March 03, 2018, 07:33:50 am »
I don't make enough to worry about that! lol!

NRAJOE

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Re: $600 in a year
« Reply #3 on: March 03, 2018, 07:49:41 am »
I got two 1099's from different companies a couple years ago....but none for last year.  :party:

gwilson31

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Re: $600 in a year
« Reply #4 on: March 03, 2018, 08:10:47 am »
I never make enough to have to worry about taxes. :o  But the little bit that I do make sure comes in handy :) :)

killers2

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Re: $600 in a year
« Reply #5 on: March 03, 2018, 08:26:27 am »
I'd say that is still successful!  Great site to earn a little cash.

metsrock69

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Re: $600 in a year
« Reply #6 on: March 03, 2018, 08:58:32 am »
My first year at fusioncash I received a 1099 . I earned over $700 the first year. Since then I have been busy doing other things , I have not earned that much but I am still doing fairly well :)

freedavis

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Re: $600 in a year
« Reply #7 on: March 03, 2018, 10:39:20 am »
50 a month is so hard top get;   I never make that in any month.

snuggleycutejc

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Re: $600 in a year
« Reply #8 on: March 03, 2018, 10:46:44 am »
Not enough pennies here to worry about that; but, it might mean all your sites together so you must find that out. FusionCash is the best of all.

baozun

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Re: $600 in a year
« Reply #9 on: March 03, 2018, 11:07:15 am »
LOL I have to watch how much I earn on this site.  If I'm at risk of getting a 1099, I have to wait until the year changes to cash out. I got a 1099 for 2017 jury duty earnings of $760.  I was like  :o how can the state tax it's own money?  Why didn't they just compensate me less in the first place?  And guess how much tax they wanted me to pay? $41.00!  That's a tax rate of about 5%, which makes no sense for such a small amount earned.  I paid less taxes on $1200 that I earned from my part-time job in 2016 - only $5.00.  And I got a $5.00 tax refund so it's like I paid no taxes at all.

I just started working on another money website that I could easily exceed $600 per year with.  I wonder if they send 1099s?  I don't see it in their FAQ section.  They pay out in Bitcoin, so does that make my earnings untaxable? Bitcoin's value changes constantly so am I taxed on the value my Bitcoins had when I got them?  I am definitely going to do research on that so I'll be fully informed as to whether or not I owe Uncle Sam anything.

My other money websites pay in the form of gift cards, so is that considered earning money or just getting free gift cards?  Not that I'll ever get more than $600 in free gift cards within a year, but it's good to know.

All of my sites together is definitely going to exceed $600 in 2018, no doubt about that.  But I'm pretty sure the government goes by individual employers (websites) that give you more than $600 a year.  If you got less than $600 from a website, it doesn't count towards your total income. I agree, Snuggleycutejc, Fusion Cash is the best of all.

alina6

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Re: $600 in a year
« Reply #10 on: March 03, 2018, 11:42:09 am »
I got two 1099's from different companies a couple years ago....but none for last year.  :party:
Can you share what sites you did where you were able to make $600 in a year? I have not found that one yet.

countrygirl12

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Re: $600 in a year
« Reply #11 on: March 03, 2018, 12:46:06 pm »
You would have to make on average $1.64 a day from December to November to have reached the $600 and get a tax paper in the mail.

I start at December because of you cash out in December you get your money the next year and would be counted in the next years taxes.

I never have to worry about that.

I don’t think I’ll ever make 50 a month I would have to save up from July to November cash in December and maybe I could do that in a year and a half

I made almost $80 three months in a row.  If you have a lot of referrals you can make $50 a month easily.  It is the same with pay checks. If I work the last week of Dec and get paid in Jan then that counts on that years taxes.

countrygirl12

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Re: $600 in a year
« Reply #12 on: March 03, 2018, 12:47:10 pm »
I got two 1099's from different companies a couple years ago....but none for last year.  :party:

So how much did you end up having to pay in taxes? We were talking about this the other day. I have another site I work on and I need to watch and slow down when it gets close to the end of the year. I am doing really well on it.

countrygirl12

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Re: $600 in a year
« Reply #13 on: March 03, 2018, 12:49:32 pm »
Not enough pennies here to worry about that; but, it might mean all your sites together so you must find that out. FusionCash is the best of all.

It is not all your sites together.  One doesn't know about the other.  As long as you do not earn over $600 on that particular source they will not send you a 1099.  Some will require a 1099 when you get to a certain amount so they already have it on file.  And FC is not the best.  I use to think so but I have found one that is better and I can guarantee at least $2 every day with little effort.

potluck6

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Re: $600 in a year
« Reply #14 on: March 03, 2018, 02:28:32 pm »
don't think id ever get to 600.00 on any site  think they include gift cards as money earned. oh and thanks for the 3.00 today

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