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  1. #1
    Newbie
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    July 21st, 2010
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    income taxes for my little website?
    i have affiliate marketing thru amazon.com. do i have to report this to the IRS?

  2. #2
    Phil Kaufman aka AffiliateHound's Avatar
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    January 22nd, 2007
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    Net profit from affiliate marketing is taxable income just like income from any other business.

    If you receive more than $600 in a tax year from Amazon they are required to report it to the IRS via form 1099-m.

    Welcome to ABestWeb.
    phil@abestweb.com | Since June 10, 2012 a vegan aarf but still writing the Hound Dawg Sports Blog
    "If you don't have time to do it right, when will you have time to do it over?" -John Wooden;
    "Raj, there’s no place for truth on the internet." -Howard Wolowitz

  3. #3
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    July 21st, 2010
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    so if i make 13 dollars over a 3 year period....do i have to report this

  4. #4
    Moderator BurgerBoy's Avatar
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    No.

    Vietnam Veteran 1966-1970 USASA
    ABW Forum Rules - Advertise At ABW

  5. #5
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    July 21st, 2010
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    what if i make 300 from amazon and 400 from google adsense. do i have to report it?

  6. #6
    Phil Kaufman aka AffiliateHound's Avatar
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    January 22nd, 2007
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    IF your total net income in a tax year is $300 or $400, you will not owe income tax and do not have to file a return.

    If you have other income that is over the threshold for owning tax, then any additional net profit (or net loss) should be included on your return, either as additional taxable income or a business loss than can reduce the tax you would otherwise owe.

    CAVEAT - I AM NOT AN ACCOUNTANT and this is general information not tax or legal advice. Consult your own accountant.
    phil@abestweb.com | Since June 10, 2012 a vegan aarf but still writing the Hound Dawg Sports Blog
    "If you don't have time to do it right, when will you have time to do it over?" -John Wooden;
    "Raj, there’s no place for truth on the internet." -Howard Wolowitz

  7. #7
    Newbie
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    July 21st, 2010
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    4
    thanks for the info.

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