I erased my PayPal address from my profile but...
March 20, 2017 2:58pm CST
I decided to not share too much of my personal life. So it's been a while since you read from me. I will try to get back in action though. Bitcoin faucets have become somehow addicting, sorry. Add the fact I have a new boyfriend now. I know, that was fast. Back to the title... I erased my PayPal address from my profile but. How lovely is it to end a sentence with "but"? First of all, why? Well, you got to know I could be eligible to pay taxes if I received money every month, so I thought of receiving the myLot's payment every two months. It wouldn't work still because I'm supposed to not "work" for more than 30 days in a row, but hey, who knows. I can take a day off once a week and break it. Just kidding, none will ever catch me anyway. Their booty wouldn't be huge either. And myLot isn't a freaking job, it simply rewards you... RIGHT?! Do you pay taxes for your myLot earnings? I mean, they could barely pay the internet bill. Last but not least, but? I didn't reach the needed $5. I need fifty cents. So it was useless to delete my PP address, finally.
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• United States
I am sorry I was ignoring you, Sabrina. It wasn't on purpose, I promise. When I was called to your discussion, I was upset. Then I saw a friend who was paying taxes she didn't have to pay, so I told her what the law actually was, gave supporting proof and moved on. I don't think I actually know you, do I? My devices didn't recognize your avatar or tag name, at least. It is my pleasure to meet you here on myLot... I do hope you are having fun while you earn your pennies! If, by chance, you are not having enough fun, come find me and we will see if we can fix that for you! Happy myLotting!
Lol DE, We can always fix any problem Except for girl thing, love thing, marriage thing..... @sabtraversa - It wasn't cool... That's the way it should be .... wherever I go my people should follow me... I am the KING @daddyevil - I am the King right ? @vandana7 @jyln10 @purplealabaster @topffer --- Where are you guys... I will keep you bothering in your notifications until you acknowledge me I am a status checker you see For Topffer and DE I am Router .... lol who sends I am alive signals to all the adjacent connections
I only erased the PayPal address on my profile, just that little thing. And I did so as there's a tiny risk someone can fine me as working and receiving money every month without paying taxes can be seen as evasion. Partita IVA must be opened and taxes must be paid when one of these two conditions can apply: - The yearly income is over € 5000; - The payments arrive once a month, or more times per month. It has to be every two months, for example. It's something I read a while ago and it scared me. I would have been safe anyway, there are so many people in Italy being paid monthly online. I would never leave myLot. I can't unless I contact the administration. And I don't want to contact the admins.
@alberello75 Right, that's why you must pay taxes if you earn over €5000. But I read you would also have to pay if you receive something monthly, and it does not matter if you reach €5000 in a year or if you do less. That sounded completely wrong and unfair to me.
Most of my earnings come from myLot so I shouldn't be eligible for taxes, at least here. I know PP must give away info if the national tax agency asks for it, I know I can't hide but if they see I don't get paid often, they won't think it's an activity worth being taxed. The tax system is quite different here, I bet. I would have to hire an accountant just for a few bucks I earn monthly, I'd rather avoid that. Earnings from BTC waterfalls are good, like $5 a month, for no brain activity that's perfect.
• United States
@sabtraversa I pretty much have to declare my earnings. I have a part-time job that gives me a 1099 form for miscellaneous income plus whatever online. If it is miscellaneous income, how come they take so much? Because the government needs it more than I do.
I had been into bitcoin faucets for quite sometime now, and I'm on the next stage of buying and trading cryptos in small amounts, hope you hit the large btc price spike last week. It's somewhat related to the discussion since crypto currency is somewhat anonymous and decentralized especially dash and monero and makes it rather difficult to tax. Good luck to you and your new BF, it's nice seeing you again.
@sabtraversa that's true, when I collected some of my coins they were just worth around 380 or 400 hundred dollars and last week it was close to 1,300 The other cryptos are no different from btc, just create a wallet and address for them. Wallets like coinomi hold multiple kinds of currency all in one. This will diversify your portfolio, just take the cryptos that Epay has cause the fauets are there. ETH that I traded for 12 dollars is now 45. Dogecoins are also good and fun to collect since they are whole numbers not fractions like sats. oh okay, just take in what you can digest first lol!