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YouTube Money Do YouTubers Have to Pay Taxes on YouTube Earnings

Do You Have to Pay Taxes on YouTube Adsense Earnings? While most people want to know how much money you make on YouTube, what they don’t consider about YouTube earnings, is how much money you actually keep after you pay your YouTube Taxes…

YouTubers are essentially freelancers or entrepreneurs, YouTube is not a job… you don’t get healthcare benefits, there are no W2’s and if you live in the United States you pay self employment taxes on your YouTube money earned from adsense monetization and YouTuber sponsorships.

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YOUTUBE IS NOT A JOB IT’S A BUSINESS
This is not a criticism it’s a reality. Stop calling YouTube a job or your job…. YouTube is not a job…. it’s a freelance enterprise or an actual business. There are huge differences, not only legally and from a tax standpoint, but also from a mentality standpoint in the way you approach it. If you treat YouTube like an after school job, it’s going to be a problem if you ever want it to be more than that.

Be sure to talk to a legal expert and tax expert about YouTube Taxes and how to setup your business and LLC as a YouTuber.

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The post YouTube Money Do YouTubers Have to Pay Taxes on YouTube Earnings appeared first on Tax Twerk©.



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