Re: Neteller and the IRS
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I plan on paying my taxes this year, as this is the first for my major online sucess so I was wondering what percentage do you normally pay - 20% or more?
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Seems to me it would be more than 20%. More like 40% if you're talking major major(over 100K). Right?
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If you have a full time job you can file it as a hobby and not have to pay SS/medicare. If you're self-employed (I am), you have to pay 15% social security on your first 90k.
I've made >300k, but I think I'll pay 110-120 or so? I dunno. I'm probably delusional, though.
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