sites like Inbox Dollars

Ben920
New Community Member

Does getting money for sites like Inbox Dollars count toward the 600 I have to count before I have to do tax on what I make.

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3 REPLIES 3

sharpiemarker
Esteemed Advisor
Esteemed Advisor

@Ben920 

 

It might. Depends if Inbox Dollars classifies the payout as goods and services. Some sites may distribute payment as PayPal Payouts which may or may not be eligible. Have seen some cases where rebate payouts are included.

 

If you go over $600, talk to a tax professional about what your liabilities are.


Kudos & Solved are greatly appreciated. 🙂
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Ben920
New Community Member

How can I tell if a payment is G&S. They sent the money would it be on that.

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sharpiemarker
Esteemed Advisor
Esteemed Advisor

@Ben920 

 

If you are charged a “fee”, click the transaction for details, then it’s a goods and services payment.


Kudos & Solved are greatly appreciated. 🙂
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