eCommerce Tycoon

**philmetz** · 07-24-2008, 08:19 AM

Hi
I got a question, say I have a way of making money from my webpage, Is there anything about TAX. Do i pay it or what?

**upstarter** · 07-24-2008, 09:22 AM

Yep, you have to file it. It would count as income from a business, just like if you had set up a hot-dog stand on the street corner. In the US, you'll want to add a schedule C to your 1040, which is really easy if you use a program like turbotax.

**philmetz** · 09:32 AM

How do I know which country I have to pay TAX though?

**j.chang** · 07-24-2008, 10:22 AM

Quote:

Originally Posted by philmetz

How do I know which country I have to pay TAX though?

You pay it to whichever country you reside in. If you are making this money while living in the USA, then you will file taxes to the USA.

**philmetz** · 07-24-2008, 10:36 AM

Say I am only studying in USA at university then going back to another country, do i still pay to USA?
also if i dont have a residence to any country who would i pay to?

**j.chang** · 07-24-2008, 09:23 PM

Quote:

Originally Posted by philmetz

Say I am only studying in USA at university then going back to another country, do i still pay to USA?
also if i dont have a residence to any country who would i pay to?

You don't have a residence to any country? Are you in a country on a working visa or something?

**philmetz** · 07-25-2008, 05:03 AM

yea basically been on study visas haha

**ECSuite_Russell** · 07-30-2008, 02:04 PM

Doesn't it matter what kind of product it is? I thought digital items weren't taxed only tangibles. Or am I thinking of sales tax?