Google Adsense
 

Just a quick question, at the end of the year, they suposivly send you a statement saying how much cash you made with them correct? Then I'm supposed to give that statement to H&R block so I can claim that income on my taxes.

Ive never clamed any additional income on my taxes before. With that said, what all do they take out on you? Do they take everything out on you like they do a regular paycheck (Federal, City, State, FICA, etc or do they just hold a certain percentage or anything at all?

In short, yes.
They'll send you a 1098 (Probably) that is income. Good news, you can probably claim expenses on schedule D

They may not send you a 1099. By law, they only have to if your income from them exceeds $600 in a year. Some send them for smaller amounts. Some don't.

No taxes will be held back by Google for you. It's your job to handle paying those, even if they don't send you a 1099. You are supposed to keep records and declare the income.

Amy (a tax preparer in a former life)

If u need to know about it just do google search and u get tons of info. I place some of the info on my site. I think u should always do a search for info before relying on anyone website.

ah! the American Tax System so complicated.
I wonder what happens when u collect so called donations.

You would still have to pay taxes on donations.

???????????????????

Someone tired? I think this was supposed to be in the other thread regarding Google Adsense?