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#1
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Anyone know how money made through being an affiliate is supposed to be reported? Also, what kind of taxes are due on this type of money.
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#2
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Schedule C - And the same kind of taxes as any other business.
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#3
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how is the IRS supposed to be able to differentiate between money made by being an affiliate and poker money? It's cashed out to your account using the same method.
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#4
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They don't.
You do. |
#5
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It is better not to worry about such things. But remember that we do know about your affiliate income- in fact we know everything. We also know about some of your other income earned in a certain train station bathroom on March 29, 2005 and we do assume that you have been fully compliant with regards to your tax liabilities on this additional 25 dollars.
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