W-9 Question?

Discussion in 'Accounting and Legal Advice' started by JTMx29, May 12, 2010.

  1. JTMx29

    JTMx29 New Member

    I am signing up for Commission Junction and it says I need to fill out a W-9. Upon completion what do I have to do annually for taxes? Any information on this would be appreciated.

  2. FreeCashMan

    FreeCashMan Well-Known Member

    W-9 are just forms that confirm your tax id/SSN. They are not sent to the IRS.

    You would need to keep track of your own records for any tax liabilities for your home business for commissions and income earned.
  3. Khoa Nuyen

    Khoa Nuyen New Member

    If you make more than $600 with your company, they'll report your income to the IRS (and send you a notice), so make sure you include it in your tax returns.
  4. payment proof

    payment proof Well-Known Member

    Keep track of all related receipts and any related expenses. For example, what you pay for site hosting may be a deductible expense.

Share This Page