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Do I have to pay Tax on my TimeBucks earnings?
Do I have to pay Tax on my TimeBucks earnings?
Anthony avatar
Written by Anthony
Updated over a week ago

Do I Have to Pay Tax on Earnings Received From Doing Freelance Work?

The answer to this question depends on which country you are in. It's always best to check the tax laws in your specific country, or call up your local tax department and ask.

Generally speaking, you would have to pay tax on the earnings you receive from freelance work. This type of income is treated the same as your earnings from a full-time job would be.

It's important to remember that the money you are receiving is not a "gift" -- it is actual income, so it's subject to the same regulations and laws. Even if you receive payments that are not directly issued by a corporation, such as payments via Paypal, gift cards, etc., you should still report this income on your tax return.

Check out the resources below for more information about taxes on your freelance work.

Resources:

It depends on what country you are in, you should always check the tax laws or call up your tax department and ask. But generally you would have to pay tax on your earnings as this is considered a general income, just like if you earn income from any other job. These are not gifts you are receiving!

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