Paypal Minecraft Server TAX? HELP!

[Nic]

Say you have 20k, how much % of it is taxes?

Very small portion depending on your state. Just talk to an attorney bro

 

[PickNChew]

If you live in the states and own a Minecraft server, just move to New Hampshire ._.

 

[Papyrus]

If you live in the states and own a Minecraft server, just move to New Hampshire ._.

What's the tax like in New Hampshire?

 

[PickNChew]

What's the tax like in New Hampshire?

https://www.google.ca/webhp?sourceid=chrome-instant&ion=1&espv=2&ie=UTF-8#q=income tax new hampshire

 

[Papyrus]

https://www.google.ca/webhp?sourceid=chrome-instant&ion=1&espv=2&ie=UTF-8#q=income tax new hampshire

WHAT?

k. I'm moving to New Hampshire xD

 

[Jack]

Wait so I own a server, and I havn't gotten 200 unique payments, and havn't hit 20,000$ of income, would I have to pay taxes?

No.

Say you have 20k, how much % of it is taxes?

From what I've found it looks like 15.3% (self employment tax?) plus whatever income tax (depends on state?), so lowest is $3060