+- Hack Forums (https://hackforums.net)
+-- Forum: Money (https://hackforums.net/forumdisplay.php?fid=241)
+--- Forum: Monetizing Techniques (https://hackforums.net/forumdisplay.php?fid=120)
+--- Thread: Monetizing Methods that require SSN for IRS? (/showthread.php?tid=5339536)
Monetizing Methods that require SSN for IRS? - TheTwoSeerlooms - Jul 15, 2016
Hey, so I'm looking at some fairly saturated/common techniques for receiving money on autopilot/semi-autopilot, such as Adsense, and I was wondering something.
Many of these methods require that you put in a TIN (Tax identification number) by putting in your social security number and so on.
Obviously I'm a bit scared of doing so simply because I have never filed taxes before, am unaware of how it works, and am unsure about the legal grey area that such methods would fall under.
Does anyone know if these methods that require TINs are good to use, or if they are too risky? And are there better methods that do not require TINs to use?
Thanks!
* - MiLkBoNe - Jul 15, 2016
Best advice I can give you is get a account/tax expert that can track and report your income for you. In the US you can get certain tax right offs if you're working for yourself, such as internet costs, computer costs, electricity costs etc. I urge you to speak with an expert as they can save you a ton of headaches and money. 😁
* - TheTwoSeerlooms - Jul 15, 2016
(Jul 15, 2016 10:26 PM)MiLkBoNe Wrote: Best advice I can give you is get a account/tax expert that can track and report your income for you. In the US you can get certain tax right offs if you're working for yourself, such as internet costs, computer costs, electricity costs etc. I urge you to speak with an expert as they can save you a ton of headaches and money. 😁
Many thanks friend :) Just wanted to make sure I was being cautious.