I don’t know much about taxes but how does the tax work when I get a payout? Will the tax automatically get subtracted or how does that work?
Hi Calum, Welcome to the Forums.
Good question, taxes are not automatically subtracted.
If in the US you’d probably list it in the ‘other earned income’ section of your 1040. (Which might trigger needing a few extra forms)
Overall I’d expect to pay about 15% in taxes.
I’d be curious to hear from other US creators how they are handling taxes.
If you earned 700$, but bought an 800$ graphics card would you owe any taxes since your ‘business’ has lost money?
No, after TAX you will be asked about you hyperwallet and there u need to make a account and there will the money go
That made no sense rich
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