Well it's all good that I have earned enough money on Adsense, I will now have to pay taxes. Where can I find simplified information on US income taxes and/or social security taxes? Do I receive a form from Google? Do I have to pay social security taxes? I have not earned enough to use the help of a tax preparer and information on Google and at government websites can be confusing.
Drop by your local library in a week or two. They will have all the state and federal tax forms you will need. The forms themselves will give you or lead you to whatever additional info you may require.
Ok, be prepared that this is going to sound REALLY stupid...
But I have a question.
Is there a minimum amount you would need to earn through AdSense to report it with your tax information?
Well, since there is a payout limit ($100), and the tax is only due to be reported for the year where the revenue is actually received - not when it is accrued - there is no way around it. $100 is not a pittance from Uncle Sam's perspective.
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