T-Shirt Forums - View Single Post - Filing Taxes & Spreadshirt
View Single Post
Old March 13th, 2006 -   #1 (permalink)
Quickne$$
T-Shirt Fan

 
Member Since: Dec 2005
Posts: 63
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Thanks: 0
Thanked 1 Time in 1 Post


Default Filing Taxes & Spreadshirt

Anybody know how I file taxes for the money I made on Spreadshirt?
(I'm in California, USA)
I registered with them as an individual, not as a business.
How do I show the IRS how much I got paid?
Do I need to get a form from Spreadshirt, like a w2 form?
They mentioned something about reporting it as supplemental income.
Anybody know which tax form to use for that?
Do I only pay taxes on the money they sent to me in 2005?
They sent some money to me in 2006. Do I pay taxes on that next year?
Do I only pay taxes on the money I actually received from them or do I also
pay taxes on the comissions that haven't been paid out yet?