Do you have to report mylot earnings on income taxes?

United States
August 11, 2009 9:55pm CST
I'm just wondering if when have to report mylot earnings as part of income. I'm going to turn eighteen soon and probably need to file one of those things. Has anyone done it before?
1 person likes this
4 responses
KrauseHome
@KrauseHome (36448)
• United States
16 Aug 09
The only time I think you really are required to post your online Earnings on any of your income taxes is when you earn over $600 in a calendar yr. from that site. For this site, it would mean via the Tasks section or the discussions, and then myLot will send you the form they also send to IRS so you would know what you would need to report to them as well.
animegirl334
@animegirl334 (3263)
• United States
16 Aug 09
Mylot takes care of it for you? That's great to know. I wouldn't want to have some unpaid tax. Thank you for the information
andrewkeister
@andrewkeister (60)
• United States
12 Aug 09
I read you have to submit a w-9 tax return form if you make over $600 a year online
animegirl334
@animegirl334 (3263)
• United States
12 Aug 09
Thanks! Then I guess I don't have to worry
Bala
@balasri (26537)
• India
16 Aug 09
I wish I could earn that much here.
cartman714
@cartman714 (109)
• United States
1 Sep 09
wow only $600 a year thats low. Why must the government steal are hard earned money to pay for stupid things like welfare, public schools and luxury jets? I don't think it is fair!