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Showing posts with label iPhone app income and taxes. Show all posts
Showing posts with label iPhone app income and taxes. Show all posts

Sunday, October 30, 2011

iPhone app income and taxes - new developer

AskTaxGuru.com Junior Member, DrBeak1, asked:
Greetings forum members,

Sorry if this thread is placed in the wrong forum but I wasn't sure where it fit in.

I have been collecting income from Apple for iPhone apps that I developed since January of this year (2011). Up until today's date (October 11th, 2011) I have collected nearly $4000.00. Apple does NOT withhold taxes and therefore it is up to me to report this income. I have also come to be aware that Apple does not provide any tax forms, just sales reports, to developers.

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