Do you guys pay taxes on your IM money
2017-08-08, 10:44 AM, (This post was last modified: 2017-08-08, 10:45 AM by ElitesCPABoss.)
#1
I'm making more than normal wages in my country so my earning is good number of amounts now, up to today I haven't paid a single tax yet. I wonder if I should start doing it and if so how did you go about it?
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2017-08-08, 10:52 AM,
#2
yes, now if you have some growing income coming every month in your bank account, the tax will be taken automatically

i do not know if this exist in your country.
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2017-08-08, 10:58 AM,
#3
Which country are you from ?
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2017-08-08, 11:15 AM,
#4
Well I would suggest you should start paying taxes.
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2017-08-08, 11:19 AM,
#5
if you are under age 65 and single, you must file a tax return if you earn $10,350 or more.
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2017-08-08, 11:25 AM,
#6
Yes I do pay my taxes.
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2017-08-08, 11:34 AM,
#7
Yes I do...20% tax when I buy something with this money. Grin
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2017-08-08, 11:42 AM,
#8
Depends on where you live. I'm pretty sure IMers living third world countries don't pay taxes. Not even in second world countries.
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2017-08-08, 11:51 AM,
#9
Hire a certified accountant, he will guide you whether to pay taxes or not.
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2017-08-08, 12:05 PM,
#10
What country you belong from ?

It's better you start paying tax it will be good or later they mite take penalty fees..

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