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Do you file taxes for Fiverr?

Your Fiverr Experience Conversations
#21

No taxes here for freelancers. :grinning:

Freelancers(Individuals) have no special tax, Income Tax, Sales Tax on their income in Pakistan.

7 Likes
#22

Yes, so long as the money is going through your bank account, youā€™ll have to declare it.

2 Likes
#23

[details=OT 4 Writer] [quote=ā€œwriter99025, post:19, topic:114362, full:trueā€]
May I just declare that I am very happy with the situation in India today? Thank you.
[/quote]

Writer,

You are awesome! :grinning:

Thank you/Gina [/details]

2 Likes
#24

Am I considered a free lancer?

#25

Iā€™m a good person :confused:

2 Likes
#26

Yes you are,

#27

Wait so do I file taxes still?

#28

I donā€™t know about your country. I am talking about the law here.

#29

So I looked it up, I still need to pay self employment taxes.

1 Like
#30

No, you can get your sister to file tax instead. You donā€™t have to do a thing. No problem whatsoever. IRS would love that.

#31

Iā€™m going to give you a :broken_heart: and :-1: on that reply.

2 Likes
#32

I have literally written hundreds of articles on US taxes for a cloud accounting company. This girl @psychicbunny is playing with fire. She has till April 18 to file taxes, or face the consequences.

3 Likes
#33

whatā€™s a tax help[quote=ā€œwriter99025, post:32, topic:114362, full:trueā€]
I have literally written hundreds of articles on US taxes for a cloud accounting company. This girl @psychicbunny is playing with fire. She has till April 18 to file taxes, or face the consequences.
[/quote]

I am donā€™t worry lol. I have to file them for my office job anyways.

#34

in real life Govt do tax all areas of income , i suppose here too.

#35

Anything over $600 has to be reported, but youā€™re right, it might not require that you pay anything. When I was making less than $2,000/year as a lifeguard in high school, I do recall still paying taxes.

1 Like
#36

In all countries there is a limit of income if you are crossing it then you should file a return tax absolutely. if your annual income is less then from standard limit then you should also file a nil return file.

1 Like
#37

Ok. Thanks for the info. :slight_smile:

#38

Thereā€™s 2 issues on taxes that will require you pay: first is Self-Employment Tax. Thatā€™s going to Medicaid & Social Security, normally 1/2 is paid by your employer ā€” but since you are your own employer you get to pay the whole thing! (yay?). If your earnings are under $400 (after business expenses) you donā€™t have Self Employment Tax (but check with your tax professional).

If your earnings are under (some number - Iā€™m head of household so itā€™s $9K for HoH + me & my kids as 3 exemptions at $4500 each I think ā€“ It will vary depending on your marital status and number of people you support in the US) you donā€™t have to pay TAX on your income, but that Self-Employment tax is figured out aside from your personal exemptions. You need to have Payment Credits in order to remove Self-Employment Tax ā€”otherwise you have to pay it. Having a kid in college (earning me a decent amount of ā€œEarned Income Creditā€) has saved me from having to pay out-of-pocket and I even still get a little refund. The refund, however, was reduced by the amount I owe in Self-Employment Tax.

#39

You need to pay taxes as a self employed person.
Turbotax is good for this. Do not make the mistake of thinking you can not pay taxes and they wonā€™t know. The IRS computers are tied in to every bank.
You do not want to mess with them. And then for this year you should pay every three months as a self employed person. This is how they handle it.

Turbotax will do it all for you.

#40

Iā€™m not the one who needs tax advice, OP is. Not sure why your message was directed toward me.