FC Community
Discussion Boards => Support => Topic started by: AdedotunOlufunke on March 05, 2017, 08:55:10 am
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Hey guys, I was confused about how fusion cash deals with it's tax matters. Do I have to make a certain amount of money here before they ask for my tax papers or they could just randomly ask for my tax papers?
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Hey guys, I was confused about how fusion cash deals with it's tax matters. Do I have to make a certain amount of money here before they ask for my tax papers or they could just randomly ask for my tax papers?
The IRS requires them to report anyone who earned more than $600 in a year, but technically you are required to pay taxes on any income you earn. You should check with your tax professional to be sure.
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Everyone check the balance on your account everyday you do any thing. My website is posting all my rewards backward as if I never did anything and the balance is lower each day and they don't want to fix the problem. They are saying it's my problem. Please write your balance down each day and you will see if this is happening to you to. Fusion cash was my best survey website and now I don't no who they have working for them now. I have listed each day the balance and they can't see it.
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Once you reach the point where you'll have received over $600 for the year you'll get a notification that they need identity verification before you can cashout. You'll receive a 1099 for those earnings.
But you're suppose to report all earnings regardless of the source whether you get a 1099 or not
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yep less than 600 you dont have to report.
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I have never been asked for tax papers, but of course I don't make enough to worry about it every year. Maybe the most I have made in a year is $125.
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Hello, I don't make enough here to need to claim the earnings. I hope that helps.