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Thread: taxes

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    Default taxes

    i am new to the whole camming thing. i am wondering how to put my camming taxes for mygirlfund and another site. i am goign to use turbotax. i am wondering where i put the info at? i didnt get any 10-99 they said to put it down as other income.

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    Veteran Member FreakyFranky's Avatar
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    Default Re: taxes

    You need a 1099 from those companies so you can enter how much income you made. Once you have those, turbo tax will simply ask you if you had any other income and when you go through the options, choose 1099, but you can't do much of anything without them, as far as I know. If you haven't gotten them, you need to email support for those websites and ask.
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    Default Re: taxes

    Quote Originally Posted by FreakyFranky View Post
    You need a 1099 from those companies so you can enter how much income you made. Once you have those, turbo tax will simply ask you if you had any other income and when you go through the options, choose 1099, but you can't do much of anything without them, as far as I know. If you haven't gotten them, you need to email support for those websites and ask.
    My girlfund says-
    Since you aren't an independent contractor for or employed by mygirlfund we do not file any forms with the IRS regarding contributions to your fund nor do we withhold any funds to pay taxes on your behalf.

    However, this does not mean that you do not have to report the contributions as income on your personal taxes. Anytime someone receives money or gifts it may create a personal tax liability. Everyone's tax situation is different and we recommend consulting with a professional regarding your specific case and what you may or may not be required to report.


    The other site i only made under 200 and was still goign to calim it. they said i made under 200 so they couldnt send me out a 10-99

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    Featured Member Tsani's Avatar
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    Default Re: taxes

    They aren't required to send you a 1099 unless you made 600 or over on that site (if they're a US based site), but you're still required to report all earnings from it. Just put it under "other income". I usually say "affiliate marketing".

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    God/dess Blovely's Avatar
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    Default Re: taxes

    Have you checked out the Tax thread? Taxes- is camming still worth it?

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