How do you guys report your income from software sales, google adsense and other income methods? This is the first year that I will have to report income but do not have a business license because I was told I could report it on my regular tax statement.
Do you have a business license?
No, should I to sell software? I thought that internet sales were not required for taxes in the US and can't you just put them on your End of Year taxes?
No, not techincally. If you are in the US then internet sales are not taxable. You just need to file your income on your End of Year taxes.
why is it that internet sales are not taxable..This is the first time I am hearing of this!
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