I make roughly a 1000 bucks a month off one of my sites, I live in America and was wondering when tax season comes around again... How do I file my internet revenue? Any links or help in general would be greatly appreciated...
Matt
jeremy goodrich
7:48 pm on Sep 17, 2003 (gmt 0)
You should get a 1099 from the companies that you are an affiliate form, which goes with your personal tax return if you are filing as a sole proprietor.
Best bet is to read up on tax stuff at the IRS.gov website, they've got literally loads of info.
krieves
8:42 pm on Sep 17, 2003 (gmt 0)
I use Turbo Tax for Home and Small Business. I highly recommend it for a Sole Proprietorship. I think it runs about $70 and the cost is tax deductable.
One thought, if you're not already doing so, is to open a business checking account for your income and expenses. 1) it makes it easy to track stuff, and 2) keeps you from co-mingling personal and business expenses.