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Learning, Sharing, and Teaching => Ask a Mustachian => Topic started by: QueenV on March 21, 2018, 09:44:55 AM

Title: Leapforce and Prolific - tax question
Post by: QueenV on March 21, 2018, 09:44:55 AM
I know at least a few people here earn money through Leapforce and Prolific and I was wondering how you handle paying taxes on that income? Is it as simple as setting aside part of every payment and paying the tax once a year as part of your annual tax filing (in the USA). Or is it more complicated and you need to pay quarterly estimated taxes like a small business owner? For people who do Prolific only, is the payout low enough that it doesn’t affect your taxes owed?