Do we need to pay taxes or anything else in mturk?

@aprilsong (1884)
China
March 28, 2012 2:23am CST
Well, you know, i am a little scared once a site ask for information about tax. When i tried to sign up in Mturk of Amazon, they ask for tax information from me. I have known that only Americans can earn money there, people from other countries can only get Amazon coupons. What i want to know is will this site deduct any taxes if we earn some coupons? Thanks a lot!
1 person likes this
2 responses
@maezee (41988)
• United States
28 Mar 12
It depends on the laws of your country, as well as what Amazon's policies are. I know for certain (most) programs, if you made more than $600 in the entire year, you have to claim the income and pay taxes on it. This is how it is in Minnesota (of the US) though, I"m sure it's different state to state and definitely country to country. I know that I haven't come close to earning over $600 on a single program, so this doesn't affect me at all.
@aprilsong (1884)
• China
29 Mar 12
Well, i don't think i can make that much in that site. I just want to earn some coupons to buy some items from Amazon. Because as you know, this site don't pay money to non americans.
@owlwings (43910)
• Cambridge, England
28 Mar 12
Amazon require everyone to either declare that they are an American citizen (and therefore liable to pay taxes to the US) or not an American citizen (in which case Amazon do not need to pass on information to the IRS about those earnings). Amazon do not deduct taxes. They are simply required by law to pass on information about Americans only who earn more than $600 in a year to the IRS. That is why they need a declaration from you that you are NOT an American citizen/resident. Most countries require that ALL earnings should be declared for tax purposes. What you do is up to you but you would be well advised at least to keep a detailed record of your earnings and expenditure just in case your tax authorities decide to investigate your earnings.
@aprilsong (1884)
• China
28 Mar 12
Very detailed information, thanks very much. Now i understand fully about why some sites ask such information. Thank you! By the way, the owl is very cute.