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Hubpages Ad Program....Money Withheld?

  1. DJ Funktual profile image86
    DJ Funktualposted 6 years ago

    According to hub report I earned $79.07 in May.
    Payment is made June 20th for ($56.93) with ($22.14) withheld.

    Ummm, why is anything withheld?

    1. Uninvited Writer profile image81
      Uninvited Writerposted 6 years ago in reply to this

      I'm assuming it was earned between the end of the month and payout

    2. Jason Menayan profile image60
      Jason Menayanposted 6 years ago in reply to this

      It's taax withholding. See the last items in this FAQ entry:
      http://hubpages.com/faq/#hpads-tax-impact

      1. DJ Funktual profile image86
        DJ Funktualposted 6 years ago in reply to this

        Thanks Jason.  I really did look around for the answer myself and there it was in plain sight, thanks.

        1. Greg Sage profile image60
          Greg Sageposted 6 years ago in reply to this

          Screw what the CPA's say... if you've never been on 1099 before, be THANKFUL for the withholding.  Almost every self employed person I know (most of my friends) has gotten in serious trouble with IRS over this at some point.

          Philosophical arguments over slightly better yields and compound interest are rendered moot by the realities of IRS enforcement tactics.

 
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