Paying tax

[Awtra]

Just wondering, how many of you legit pay tax for whatever you do?

 

[Ilay A]

Just wondering, how many of you legit pay tax for whatever you do?

Sir this is a minecraft market

 

[weloveit]

Just wondering, how many of you legit pay tax for whatever you do?

I do

 

[Spenser]

I do taxes not only for hosting but other income sources.

 

[Awtra]

Huh interesting.

 

[Spectrum]

Anyone who isn't a broke boy and actually makes a decent income actually does... Not worth the risk

 

[Sako]

Anyone who isn't a broke boy and actually makes a decent income actually does... Not worth the risk

How much would you be at risk for? Around 500$+?

 

[CakeSG]

There are deal disputes for $1,
I don't think anyone cares about tax.

 

[blob]

Personally it depends for me, if I'm selling a mineman account (or something that I receive a payment in form of F&F) I do not pay taxes. If it is something that is considered a service, I generally prefer to be paid in G&S as it is a service.

 

[Spectrum]

How much would you be at risk for? Around 500$+?

Getting consistently audited by the IRS on a yearly basis for the next x amount of years and getting heftily fined. (IRS only if you live in the USA obviously, not sure what other countries have)

 

[Kuchy]

I don't make a gross income for $7800 to need to file taxes as per Arkansas law, plus I don't have a job.

 

[Lemoncat]

I turned non profit, no tax.

 

[YourPanda]

I wish that when I was running servers making 1,000's of dollars a week that I claimed my earnings for taxes, I would have had a huge tax return xD.

I do not claim taxes on anything I do online, but I do pay taxes for my real jobs. They are not fun, but I get around a thousand+ back during tax return time

 

[Sako]

Getting consistently audited by the IRS on a yearly basis for the next x amount of years and getting heftily fined. (IRS only if you live in the USA obviously, not sure what other countries have)

No I mean how much do you have to make in order to be at risk? The most I have ever had in my PayPal is 500$

 

[YourPanda]

No I mean how much do you have to make in order to be at risk? The most I have ever had in my PayPal is 500$

I do believe it is under 10,000$ a year, and you do not have to pay taxes, or you get the full return back something along those lines.[DOUBLEPOST=1545582368][/DOUBLEPOST]

I do believe it is under 10,000$ a year, and you do not have to pay taxes, or you get the full return back something along those lines.

Anything above 10,000$ a year, and you will have to file taxes.

 

[Sako]

I do believe it is under 10,000$ a year, and you do not have to pay taxes, or you get the full return back something along those lines.[DOUBLEPOST=1545582368][/DOUBLEPOST]
Anything above 10,000$ a year, and you will have to file taxes.

What happens if they find out I am a minor?