Fall September Special

Taxes


estop
Full Member
  • Posts: 26
  • Joined: 10 Dec 08
  • Karma:
16 Jan 09 09:03:48 am
Hi,
I am just wondering about taxes...
Lets just say I made a website... would I have to pay taxes on that website?
What about if I sell something on ebay... do I have to pay federal taxes now that I am selling things?


singapore101
Full Member
  • Posts: 315
  • Joined: 11 Oct 08
  • Karma:
16 Jan 09 09:09:01 am
yes taxes must always be paid.If you makle less than around 500.00usd a year you dont need to pay taxes i believe..Each state has its own tax laws.Look up your tax laws on your state website.


singapore101
Full Member
  • Posts: 315
  • Joined: 11 Oct 08
  • Karma:
16 Jan 09 09:10:33 am
Also if you ship something it needs to be shipped within 30 days.If not you must get customer to agree in writing to have delivery longer than 30 days to 50 days.If not the customer can ask for their money back.


liana
Full Member
  • Posts: 2
  • Joined: 22 Mar 07
  • Karma:
28 Jan 09 04:03:13 am
If I make more than $500.00 (applicable amount of my state) how I can pay Federal Income Tax?


singapore101
Full Member
  • Posts: 315
  • Joined: 11 Oct 08
  • Karma:
29 Jan 09 04:02:34 am
if you make 600.00usd you need to file a 1099 for your business.


 

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