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Do you pay tax on profits from Virtual Goods?

Discussion in 'Market Discussion' started by Obamaphobic, May 26, 2020.

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  1. Obamaphobic

    Obamaphobic Grand Master

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    Do you pay tax on profits from Virtual Goods?
    I am no where near the profits required to pay taxes in the United States, but for parties that make over 5K / year, my question is do you pay taxes on it?

    How do you explain/quantify your income?

    Just curious.
     
    Obamaphobic, May 26, 2020
    #1
  2. Oshy

    Oshy Formerly known as Max_Zerk
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    Do you pay tax on profits from Virtual Goods?
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    Oshy, Jun 15, 2020
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