Hello. I am 18 and made around $700 dollars on fiverr in 2018, and was wondering how to do my taxes for this. I do freelance writing on here and it was my only job in 2018, so would it be okay to fill out the 1040-EZ and the Schedule C-EZ? Also, would the business code in line B of the Schedule C-EZ be 711510 (the code for Independent artists, writers, & performers). Sorry, I’m just very confused about all of this, so any help would be appreciated!
Looks like you need to find yourself a tax specialist.
I wouldn’t take anybody’s advice on a forum for something as important as paying your income tax.
Suggest you contact your tax office. I am in the UK and they are very helpful here so I imagine it would be the same elsewhere.
never knew that there are taxes on fiverr income !
Income from Fiverr is treated as earned income for tax purposes as you are self employed. Whether or not you pay tax on this income will depend on the tax rules within your country.
Contact a tax professional in your country for assistance.