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paying taxes on money from google adsense
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lin
 
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paying taxes on money from google adsense - 04-10-2007, 07:05 AM

hi
does anyone know when do we need to start putting google adsense in our income forum? i know that if you get any prize that has a value of more than $600 then you have to put it on your taxes. is there such limit for google adsense?
thanks
   
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Re: paying taxes on money from google adsense
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sarbaraj101
 
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Re: paying taxes on money from google adsense - 04-10-2007, 08:36 AM

Adsense is income. Its like any other income.

In my country, we gotta pay 25% if it exceeds Rs. 1,00,000 (~ $ 1350 ) per year.
   
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Re: paying taxes on money from google adsense
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hydroburn
 
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Re: paying taxes on money from google adsense - 04-10-2007, 11:06 AM

For my country which is singapore, we have no taxes on the google adsense income we earn We get to keep everything.
   
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Re: paying taxes on money from google adsense
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LittlBUGer
 
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Re: paying taxes on money from google adsense - 04-10-2007, 12:22 PM

Adsense counts as regular income, just like from any job. They will send you a 1099 form (I think that's the one) for you (if you are in the U.S.) so that you can put it on your taxes. I've received one for two years in a row now, but I've made several thousand from them. Not too much impact though on my taxes compared to my regular job.
   
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Re: paying taxes on money from google adsense
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lin
 
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Re: paying taxes on money from google adsense - 04-10-2007, 03:08 PM

thanks guys
now, i'm glad i don't live in India (25% tax) but i'm sad i don't live in Singapore(no tax)
   
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Re: paying taxes on money from google adsense
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nadish
 
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Re: paying taxes on money from google adsense - 04-10-2007, 11:42 PM

Google Adsense Income Tex applies on various conditions. They have provided the tex forms. U have to choose which form u have to fill... u have to pay texes even if u have hosted ur site on a server which is in any kind of link in USA, UK OR Canada....
   
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Re: paying taxes on money from google adsense
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titaniumhijau
 
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Re: paying taxes on money from google adsense - 04-11-2007, 05:16 AM

for my country..maybe i need to paid it. maybe a little..but still need to pay..
   
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