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Thread: Taxes... I tried searching..

  1. #1
    Newbie LadyJuliette's Avatar
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    Default Taxes... I tried searching..

    Hey sorry I tried searching here as well as camming connection. I am a cam girl worked mostly for Imlive and Indy shows, I spoke with ImLive and they will not be sending out any 1099 to me or the IRS so how exactly do I file? I would greatly appreiate your help. Thank you so much in advance.

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    Banned Melonie's Avatar
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    Default Re: Taxes... I tried searching..

    Assuming that you are a US citizen and US resident, you file a 1040 long form with an attached Schedule C 'profit or loss from a business'. If your webcam hosts do not send 1099 reports to the IRS of your income automatically, you will need to report that income yourself on your Schedule C based on your own financial records of how much you earned. In any case, your Schedule C 'business expenses' will need to come from your own financial records.

    Also note that, when it comes to tax preparation for your 'business', the big box tax services like H&R Block, Jackson Hewitt etc. usually aren't very experienced ( they deal mostly with 'employee' earnings, and as a camgirl you are not an 'employee' but a 'business owner / operator' ). And while there are several tax prep computer programs available for you to do your own 'business' tax return, note that you need the correct version ( i.e. for TurboTax it's the 'Home and Business' version ).

    To gain some perspective, I recommend you take the time to read through the sticky thread at the top of the Dollar Den forum page 'Oh Me Oh My So Many Tax Forms'. While it is a couple of years old, and while it makes specific reference to filing state income taxes for a state which you may not live in, it does lay out the overall view of what needs to be done for a dancer / camgirl to file their annual tax returns plus quarterly estimated tax vouchers - both Federal and State.
    Last edited by Melonie; 02-11-2013 at 02:33 PM.

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    Newbie LadyJuliette's Avatar
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    Default Re: Taxes... I tried searching..

    Thank you soo much again.. So do I send in my payoneer statement with the schedule c? I will definitely look through that sticky thread thank you. I sent you a PM. I greatly appreciate all your help.

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    God/dess Zofia's Avatar
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    Default Re: Taxes... I tried searching..

    Quote Originally Posted by LadyJuliette View Post
    Thank you soo much again.. So do I send in my payoneer statement with the schedule c? I will definitely look through that sticky thread thank you. I sent you a PM. I greatly appreciate all your help.
    No need to attach your payoneer statement or anything else to your tax return. As a matter of fact, the service really prefers if you don't even use the mail. They want it efiled. But, if you insist on putting a stamp on something, definitely don't put your payoneer statement in with your return.

    HTH
    Z

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