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Can anyone tell me when we'll see our tax file forms? Thank you.
There will be no tax documents as you are paid via paypal - it is up to paypal to file a 1099-k
https://smallbiztrends.com/2015/01/1099 … -card.html
https://ttlc.intuit.com/questions/19010 … orm-1099-k
According to those links you won't even get the form unless you cross 20K in transactions is that true because I too am unfamiliar with the tax process from a site like Hubpages.
Correct - however, even though you won't get a tax form - you should report your income on your tax forms (even if it's less than $600)
So I would just pull up all of the programs from 2016 on Hubpages and see the totals I've received and use those numbers?
Yes - I tend to report what I was actually paid (via paypal)- sometimes the Amazon amounts can change - so it's best to report the actual cash you received. The IRS are not going to worry if you don't report <$50 because it's a balance carried forward.
That's what i figured, would you include the paypal payment received this month (Jan 28) since it's technically part of last year's earnings?
You think someone here earned $20K???
Thank you very much for the info. I can complete my taxes now!
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