yvesp110 wrote: WTF u guys in usa need to report that on ur income taxe?? I hopw it is not same for us in canada if so I might has well change my paypal to my daughter or give up cause my working in forestry season if i claim more revenue i need to give harper money to buy his lobsters
It works differently in Canada. I think after a certain amount $600 (?) PayPal sends the info to the IRS.
Since you are not an employee of CS, these revenues would fall under misc/other, so you are entirely
responsible to file your own taxes. For Canada, no, you don't receive a slip neither does the site or payment processor report your revenues, so it all comes down to good faith
For Canada, when doing your taxes, you would file this under "other" sources of income. Remember, it's not self-employment or employment revenues but other, and there you can specify "online earnings". You don't have to specify the site or anything. Usually
they will not ask for documentation, but depending on the amount or at their discretion if they do random audits
they may ask more questions, your payment processor history will act as reference and proof of income.
Whether US or Canada, income from ALL sources have to be filed, and revenues from ALL sources are added up
to form your income for that tax year.