It is income, so you ought to report it to the IRS. The fact Google doesn't send your income-details to the IRS (and it doesn't send you a 1099), doesn't mean it's exempt from taxes... we can wish, though. And who knows, the IRS may be able to figure it out when you get an audit. And i think there's a $600 minimum limit before you need to report it.
However, i think that for most of us, this is just a hobby. This means that you can directly deduct expenses (e.g. computer, phone, etc). However, for hobby-income, you can't deduct more than your income on your hobby (e.g. for a photography hobby: deduct all of the costs of your expensive DSLR and your nice lenses and selling just one picture, that's not possible) BTW, i'm not a tax-man :) On Mar 31, 12:18 pm, Kevin Duffey <[email protected]> wrote: > Wayne et all,... > > read more » > > I agree.. it would look strange that they are giving that much money in > transactions to individuals, but where do we find out about this? Some of > you are selling apps... what are you doing to deal with income taxes? When > you signed up to publish your app, were you required to give some sort of > business tax id, or your social and some other info so that they know who > you are and can send info to IRS? Where is the info that explains this? I > want to be legit, but hey, if there is no process I don't mind not losing > half of that 70% to the IRS. :D I already pay way too much in taxes. > > > > On Wed, Mar 31, 2010 at 7:42 AM, Wayne Wenthin <[email protected]> wrote: > > I include both Jars and query my server on which ads to show. I default to > > Admob = false. This way if my query fails I get Mobclix. The key is to > > place both ads in the same location and use the enabled and visible methods. > > > As for the accounting I'm sure they have to show who they are transferring > > the cash to. I don't think the IRS would let them use any blatant methods > > that look like money laundering. I'm not an accountant but I do run my > > own business's and that method of accounting would trigger an audit really > > quick for a company the size of google. > > > On Wed, Mar 31, 2010 at 2:35 AM, Abdul Mateen <[email protected]> wrote: > > >> I think I should also do this, i.e switch from Admob ---> QW or Mobclix. > >> If even I made 50 per day it would be enough...but yes how to force user to > >> update ? I have more than 10k active installs. > > >> On Wed, Mar 31, 2010 at 11:32 AM, Dan Sherman <[email protected]>wrote: > > >>> I would imagine their tax lines look something like this: > > >>> Client --> Google :: $1.00 > >>> Google --> Developer :: $0.70 > > >>> Google's taxable income: $0.30 > > >>> Note that they don't explicitly tell the government "We paid XXX to > >>> developer Y", they just note that the money left their hands, and that > >>> they > >>> shouldn't be taxed on it. Essentially, its your responsibility to mention > >>> that you received the money. If they wanted to track that cash, should be > >>> very easy to see :) > > >>> - Dan > > >>> On Wed, Mar 31, 2010 at 12:16 AM, Kevin Duffey <[email protected]>wrote: > > >>>> I would think the same thing. Maybe it's the google market that doesn't > >>>> report it? I had asked about this some time ago, for those selling apps > >>>> and > >>>> making their 70%, at tax time do they get some 1099 or something, and > >>>> several said no. So I am unclear as to how the market handles taxes... as > >>>> well, if you do micro transactions in your app, where you charge $1 for > >>>> some > >>>> virtual item, using paypal/google, who take a cut, how is that handled? > >>>> Does > >>>> google/paypal send in info on how much was paid to you.. that is not > >>>> clear > >>>> to me at all. > > >>>> On Tue, Mar 30, 2010 at 11:06 PM, Dan Sherman <[email protected]>wrote: > > >>>>> I would very seriously suspect that they report it. I remember having > >>>>> to give a social-security/tax-id to Adsense when signing up. And just > >>>>> thinking through their tax predicament (bringing in tons of money, and > >>>>> seeing a lot of it go straight back out), they're going to need to keep > >>>>> records, and report as to where that money went out to. Mostly so they > >>>>> don't have to pay taxes on it (was your profits, not theirs). > > >>>>> - Dan > > >>>>> On Tue, Mar 30, 2010 at 10:54 PM, Kevin Duffey > >>>>> <[email protected]>wrote: > > >>>>>> Well, yes, you *should* report it.. but if google and admob and so > >>>>>> forth don't report anything to the IRS, then it's basically on good > >>>>>> faith. > >>>>>> There isn't presently any way for them to track how much you make. I > >>>>>> would > >>>>>> imagine eventually something will come into play. > > >>>>>> On Tue, Mar 30, 2010 at 7:00 PM, Wayne Wenthin > >>>>>> <[email protected]>wrote: > > >>>>>>> I'll chime in on this. I have switched from admob to mobclix > >>>>>>> recently. (actually I can control which one I use base on a network > >>>>>>> check) > >>>>>>> I have noticed my CTR jump from around 2-3 a day to around 7. This > >>>>>>> makes me > >>>>>>> more inclined to hang with them. But I only changed after I watch > >>>>>>> admob > >>>>>>> drop from around 7 a day to 1-2. Now 150 a day is my new goal ;-) > >>>>>>> But I > >>>>>>> figure if I can bring in 100 a month or so it's still better than > >>>>>>> nothing. > > >>>>>>> As for the IRS thing this is all income and it will need to be > >>>>>>> reported in some way. > > >>>>>>> On Tue, Mar 30, 2010 at 12:36 PM, Abdul Mateen > >>>>>>> <[email protected]>wrote: > > >>>>>>>> Yes Really Moto $150/day is a damn good income from Ads, I am only > >>>>>>>> making $1-$2/day , and I am using Admob + Greystripe.. > > >>>>>>>> On Wed, Mar 31, 2010 at 12:31 AM, Kevin Duffey <[email protected] > >>>>>>>> > wrote: > > >>>>>>>>> I am interested in this as well. First, Moto.. $150 a day? Holy > >>>>>>>>> crap! I'd love to have that much 7 days a week coming in. That would > >>>>>>>>> supplement my income nicely. :) Second, slightly off topic, but > >>>>>>>>> directly > >>>>>>>>> related to revenue.. with that much coming in, or say even more if > >>>>>>>>> you had > >>>>>>>>> like $1000 a day coming in, what do you do about income taxes? I > >>>>>>>>> was told by > >>>>>>>>> some that google doesn't send any money making info to IRS.. so > >>>>>>>>> essentially > >>>>>>>>> there is no way for IRS or any tax/government to track how much you > >>>>>>>>> make. I > >>>>>>>>> am probably a long ways off from earning $1 a day.. but I am > >>>>>>>>> curious how you > >>>>>>>>> handle this issue. Is it on faith that you pay taxes... and mind > >>>>>>>>> you, you > >>>>>>>>> can shoot a private email if this is something that you wouldn't > >>>>>>>>> want to > >>>>>>>>> make public. :) I am not trying to cheat the IRS out of money by > >>>>>>>>> any means.. > >>>>>>>>> I would rather be legit... but am interested in how this is done. > >>>>>>>>> Living in > >>>>>>>>> California I already lose half my paycheck to taxes between state > >>>>>>>>> and > >>>>>>>>> federal. > > >>>>>>>>> The ads that are done in games, don't they have to be clicked on to > >>>>>>>>> earn money? You said you have 60,000 users, do a lot of them click > >>>>>>>>> the ads > >>>>>>>>> while playing a game? Or even in a splash screen or game-over > >>>>>>>>> screen? Or do > >>>>>>>>> you earn money just by showing the ad? I would hope both.. clicks > >>>>>>>>> == more > >>>>>>>>> money, showing == very little. But if you get nothing from > >>>>>>>>> displaying the > >>>>>>>>> ad.. that seems ridiculous... because you are advertising for that > >>>>>>>>> ad.. the > >>>>>>>>> user is seeing that ad.. even if they don't click it, it may > >>>>>>>>> trigger them > >>>>>>>>> later to look it up, etc. If you do make some money off of each ad > >>>>>>>>> displayed... how does it work? I mean, you could write a robot app > >>>>>>>>> that made > >>>>>>>>> it seem like 10's of 1000's of people were at least seeing the ad. > >>>>>>>>> There > >>>>>>>>> must be some way that admob and others avoid "cheating" and losing > >>>>>>>>> money. > > >>>>>>>>> Lastly, I thought things like admob required an ad all the time? > >>>>>>>>> You can control when/where you display it? I thought admob was a > >>>>>>>>> small > >>>>>>>>> banner ad at the bottom of the screen all the time.. and it's > >>>>>>>>> sdk/api > >>>>>>>>> controlled how often an ad was displayed? What level of control do > >>>>>>>>> you have > >>>>>>>>> over say.. putting ads during game play, or just on the splash > >>>>>>>>> screen and > >>>>>>>>> end-game/high score screens? As well, how targeted are the ads? Do > >>>>>>>>> you send > >>>>>>>>> data to admob about the user playing the game that helps them > >>>>>>>>> target ads? > > >>>>>>>>> Thanks. > > >>>>>>>>> On Tue, Mar 30, 2010 at 6:50 AM, Ahmed majaat > >>>>>>>>> <[email protected]>wrote: > > >>>>>>>>>> try this, > >>>>>>>>>>http://www.aditic.com/demo, it may helps you to improve your CTR > >>>>>>>>>> and > >>>>>>>>>> Revenue. > > >>>>>>>>>> They have more ad formats, splashscreen, interstial, 2/3 banner, > >>>>>>>>>> strech banner and more for Android. > > >>>>>>>>>> Just for your information I used intro/splashscreen Banner and > >>>>>>>>>> retractable banner, my CTR is around 0.67. > > >>>>>>>>>> Ahmed, > > >>>>>>>>>> On Mar 16, 2:22 am, Wayne Wenthin <[email protected]> wrote: > >>>>>>>>>> > There is AdWhirl that will allow you to serve up from different > >>>>>>>>>> providers. > >>>>>>>>>> > I have not tried it yet but since I have both admob, which was > >>>>>>>>>> doing very > >>>>>>>>>> > well for me, and Mobclix I may try to do them both. I found it > >>>>>>>>>> interesting > >>>>>>>>>> > that while keeping the ad rotation interval the same between the > >>>>>>>>>> two I was > >>>>>>>>>> > serving around 30K impression with mobclix and about 17K with > >>>>>>>>>> admob. > >>>>>>>>>> > My CTR on admob was significantly higher. Now that I switched > >>>>>>>>>> back to admob > >>>>>>>>>> > I found a "glitch" that I had not noticed before and wonder if > >>>>>>>>>> my mobclix > >>>>>>>>>> > CTR could have been better. Its actually encouraging to know > >>>>>>>>>> that at > >>>>>>>>>> > least some money is being made out there. I racked up 48 bucks > >>>>>>>>>> for the > >>>>>>>>>> > last week in january and have about twice as many users now so > >>>>>>>>>> I'm waiting > >>>>>>>>>> > to see if my glitch has been fixed. Now another topic that > >>>>>>>>>> would fun to > >>>>>>>>>> > discuss is how the heck do you get users to update?! > > >>>>>>>>>> > On Mon, Mar 15, 2010 at 3:08 PM, Moto <[email protected]> > >>>>>>>>>> wrote: > >>>>>>>>>> > > Yes, I believe this very much concerns developers because most > >>>>>>>>>> of the > >>>>>>>>>> > > time, based on this revenue, it is what makes a developer want > >>>>>>>>>> to > >>>>>>>>>> > > continue developing... > > >>>>>>>>>> > > Yahel, I also believe that applications shouldn't abuse the > >>>>>>>>>> user with > >>>>>>>>>> > > ads. I believe that ads should be carefully placed to flow > >>>>>>>>>> with the > >>>>>>>>>> > > application. That's what I do currently. My current CTR is > >>>>>>>>>> really > >>>>>>>>>> > > low. 0.05% and I'm still making on avg- Hide quoted text - > > - Show quoted text - -- You received this message because you are subscribed to the Google Groups "Android Developers" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/android-developers?hl=en To unsubscribe, reply using "remove me" as the subject.
