If i earn money online do I need to claim it on my tax report?
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Question by penny a: If i earn money online do I need to claim it on my tax report?
If i earn money online (from my own website) do I need to claim it on my tax report ? ‘Cause if I don’t claim it, there’s no way for them to find out how much (if any) I earned, right? What’s the best way to earn money online without being scammed?
Best answer:
Answer by Wayne Z
Yes, you need to report it.
If it is your only income, as soon as you make $ 400, it is reportable.
If your other income already puts you over the filing requirement, ALL additional income (even $ 1.00) must be reported.
99.99999% of all online income “opportunities” are SCAMs.
Know better? Leave your own answer in the comments!
