If you are a paid blogger, and made over 400 dollars of income you have to report it on your taxes? Yes that is correct. That’s not just a blogger, a babysitter, hairdresser, self contractor. A self contractor or freelance your basically self employed you are given a 1099 MISC at the end of the year.  When given a 1099 MISC (miscellaneous) you have no taxes taken out.


😠 Yes I know disheartening to most. Your thinking you didn’t have enough taxes taken out, you are going to owe, and your are being self employment tax. What ever it is you do for work more then likely you have some kind of expenses. lets take a blogger for example, here are some expenses for you to claim

Blogger fees
  •  domain subscription
  • blog maintenance
  • the new mouse you bought because you are always clicking away,
  • the new laptop you have because it is used for work,
  • A portion of your home
  • hosting fees
  • supplies
  • internet
  • meetings
       Those are some of the things that can be claimed for expenses. If you want to know more about the income portion it will be another blog for that. Find out if those gifts received, from other people for services count as something considered as income.
      Another thing I would suggest would be a log it comes in handy when you need to know how much you paid out and how much income came in. KEEP RECEIPTS  IRS may ask for these to verify and see how you constructed these numbers.
     Any questions you can email me. Also don’t forget to subscribe and or share the information. If there is any information you feel is helpful to other people leave in the comments. KNOWLEDGE IS POWER

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TASHA WANTS YOU TO CHECK THIS OUT~  IRS TO REJECT RETURNS WITH NO HEALTH

Comments

  • tasha on

    nice info

    reply

  • ganga4u on

    Informative one

    reply

  • mayakkts on

    You've explained in a simple way that everyone could understand.

    reply

  • amyjake on

    Great article

    reply

  • pallav34 on

    Difficult to understand new rules by government. No idea when what's gonna change. Good post

    reply

  • wamiqa sheno on

    Difficult for a blogger. Good post

    reply

  • kiara on

    Thanks for sharing

    reply

  • ananyakit on

    Informative for me. I wanted to share with my blogger friends. Thank you

    reply

  • wanderer ammu on

    It is truly disheartening that bloggers pass awareness through their posts and are taxed for the same.

    reply

  • mehror maya on

    The list for expenses that we can claim is much helpful. I can now refer to this and try to get exempted in whatever way I could. Helpful post

    reply

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