As I’m new to Fiverr I was wondering something regarding my Fiverr earnings.
As we all know, we have to declare our earnings on the taxing forms in our own countries.
But at what point does the Fiverr earned money become truly earned money?
- Is it the moment when the money becomes available on my Fiverr account?
- Is it the moment when I transfer the money to my PayPal?
- Or is it the moment when I transfer the money from PayPal to my bank account?
So hypothetically speaking if case 3 is true, can I declare that I earned the money during summer when I transfer the money from PayPal to my bank account in the summer, and then prove it with the bank notification of the PayPal transfer?
Thank you for your time!