Survey Earnings and Taxes?
Do I have to pay income tax on surveys earnings?
If you are a US citizen, survey panels will treat you as an independent contractor and as a result no income taxes are withheld from your payments. However, if you are paid more than $600 in a year by any given survey panel and you live in the United States the survey panel will send you a 1099 tax form. You must include these payments as "miscellaneous income" on your tax return. If you live outside the United States you will need to consult and accountant to get the answer to how this applies to your location.
This information is based on our basic understanding of tax laws, and since we are not professional accountants it is always a good idea to consult with a tax professional for an official response.
Tags: taxes, survey earnings, pay taxes
Related entries: