Anonymous
Anonymous asked in Business & FinanceTaxesUnited States · 2 months ago

Anyone uses Chaturbates??? I have a couple of questions I need to ask. ?

I just joined "Chaturbates" yesterday - So I can do Webcaming/Broadcasting. I have some questions I need to ask about "Chaturbates" here goes: 

1. If start making money on "Chaturbates" will need to pay taxes? 

2. If I receive my payment check in the mail; Will it say "Chaturbates" on the check? 

3 Answers

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  • 2 months ago

    1.  Yes.

    2.  Not sure.

  • 2 months ago

    You will have to pay taxes on your earnings.   We don't know what the name on the check will be.

  • 2 months ago

    Of course you will need to include these earnings as taxable "self-employment" income.  You will owe not only income taxes but also self-employment (Social Security & Medicare) taxes.  If you don't make quarterly estimated tax payments, you may be hit with interest penalties next April.  A basic explanation from the IRS website is linked below:

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