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Discussion in 'YouTube Networks, Monetization and Partnerships' started by Kleineganz, Jan 17, 2014.
Thanks for all the help!
This is unbelievably helpful, thank you!
I don't wanna make youtube my job now...
Why not? Taxes are taxes and you have to deal with them one way or another.
technically you can make more money with youtube because expenses get taken out
Well, more accurately you pay less in taxes if you expense items you use to make videos. It doesn't really increase earnings.
Exactly, I think you described it better then I did xD
Its sad to see for someone making the hypothetical 1Mil Dollars, they actually only end up getting about half. To me that doesnt make much sense. Its not like that person costs the government more in public services to 'take care of'. Hm. Wonder how it works for Pewdiepie in Sweden and his high earnings. That is a very wealthy country.
Thats mostly due to tax brackets though.
Paid well over 5 figures in taxes for 2014, and 2015 looks like it's on pace to exceed 6 figures. Death and taxes, ya know.