I don't get why the govt. should get any of my profit. I don't know how I would tell them I'm making money since it isn't a job where you have insurance etc. Why would they get money earned and how would you go about recording it on income taxes? Bye
The processing of the credit cards is done by a company that reports to the govt what comes through the acct tied to a SSN. So you'll be paying some taxes. Trust me.
I don't get why the govt. should get any of my profit. I don't know how I would tell them I'm making money since it isn't a job where you have insurance etc. Why would they get money earned and how would you go about recording it on income taxes? Bye
flinch5549 3 years ago
The processing of the credit cards is done by a company that reports to the govt what comes through the acct tied to a SSN. So you'll be paying some taxes. Trust me.
rufussprad 3 years ago