When to start paying taxes for your adsence site

alexvig · 01-25-07, 08:36 PM

Hi I recently started my own website and I was wondering when if ever I need to start paying taxes on my revenue. I wasnt sure if there was a threshold or some certain number that would raise intrest in the IRS thanks for any feedback.

Marlon · 01-25-07, 09:41 PM

I recommend that you check with your local department of revenue. I am in Florida when I stated my online business I needed a Tax ID for my supplier, so I visited the department of revenue, Upon getting my ID, I was also informed that they give a free class every Tuesday, which covers every thing you need to know about paying taxes. This free service mite be available were you are located also.

paperclip · 01-26-07, 08:28 AM

Hey I am in Florida. Thanks for the info. I will have to look into this.

Melos · 01-26-07, 09:08 AM

I also agree that you have to check with both state and national laws. Legally, you are supposed to declare ALL revenue you get from anywhere.

trick-r-treat · 01-26-07, 10:25 AM

I think the law states you have to report anything over $600, but I am not the expert on this. I still think you would need to check on your particular state's law.

HeadCase · 01-26-07, 02:52 PM

Definately something to think about. I haven't really made any revenue, so I'm okay, but I'm looking into it myself right now.

Marlon · 01-26-07, 06:54 PM

When you signed up for adsense, in order to get your PIN..you had to provided you tax information, therefore if you are in the US Google should be sending you the information need to file your tax.

_Chris · 01-27-07, 10:48 AM

I'm in Canada so when I registered for Google Adsense and other places I don't have to provide a SIN number. I wonder how I'm supposed to do it for taxes?

SeeMe · 01-27-07, 02:04 PM

That's interesting - I was actually wondering the same thing. I have also heard the $600 number - is that an annual number or is that monthly? I'm assuming it's annual.

Icetray · 01-27-07, 07:37 PM

I think you have to earn at least $50 a month from it. Not really sure. It is listed in the account information page though.