Google Answers Logo
View Question
 
Q: affiliate programs and taxes ( Answered 5 out of 5 stars,   2 Comments )
Question  
Subject: affiliate programs and taxes
Category: Business and Money > eCommerce
Asked by: hellscream-ga
List Price: $2.00
Posted: 24 Nov 2002 08:38 PST
Expires: 24 Dec 2002 08:38 PST
Question ID: 113648
If i participate in an affiliate advertising program on my personal
website, do i need to pay taxes on that as my own income or do i need
to have a business tax id number for the website as an entity?
Answer  
Subject: Re: affiliate programs and taxes
Answered By: taxmama-ga on 24 Nov 2002 16:18 PST
Rated:5 out of 5 stars
 
Dear Hellscream,

How you report the income is up to you.

If you have a business, with a federal Taxpayer ID
number (TIN), you can give the merchant that ID 
number for their database.

If not, it's OK. Just give them your Social Security
Number (SSN). They will only send you a Form 1099-MISC if you
earn $600 or more during the calendar year.

Many of the merchants are starting to withhold payments
until there is an ID number in their files. 


But, no, you don't need a TIN. Your Social Security
number is adequate.

Best wishes,

Your TaxMama-ga
hellscream-ga rated this answer:5 out of 5 stars
That is exactly the answer I asked for...Thank you.

Comments  
Subject: Re: affiliate programs and taxes
From: funkywizard-ga on 24 Nov 2002 08:51 PST
 
from the various affiliate programs that i have used, it is implied
that if my website is operated as a business, use the tax id number of
the business. otherwise, list as your own income. it falls under the
category of contract work. if the amount is less than $600 a year, it
is not legally required to list it.
Subject: Re: affiliate programs and taxes
From: hellscream-ga on 29 Nov 2002 20:39 PST
 
Thanks, that helps, too.

Important Disclaimer: Answers and comments provided on Google Answers are general information, and are not intended to substitute for informed professional medical, psychiatric, psychological, tax, legal, investment, accounting, or other professional advice. Google does not endorse, and expressly disclaims liability for any product, manufacturer, distributor, service or service provider mentioned or any opinion expressed in answers or comments. Please read carefully the Google Answers Terms of Service.

If you feel that you have found inappropriate content, please let us know by emailing us at answers-support@google.com with the question ID listed above. Thank you.
Search Google Answers for
Google Answers  


Google Home - Answers FAQ - Terms of Service - Privacy Policy