Adsense and Taxes

Shaunman · 03-27-2011, 08:48 AM

2010 was the first year I made enough to pay taxes on my Adsense income. My accountant seems to think that I need to figure out how much revenue was earned by people clicking on the ads on my site and then I am going to have to write off what Google took out of that revenue to come up with my income.

I thought I could just use the money adsense sent me minue expenses for runing the site and that would be good.

I'm confused here because I thought adsense didn't disclose how much they took out of each click.

CarlosG · 03-27-2011, 11:15 AM

Get a new accountant, google is not going to tell you that, also they don't have to, they report that on their taxes therefore you get the rest which is what you report on your earnings.

mikeroosa · 03-28-2011, 08:02 PM

My accountant just takes the 1099 and uses that as my income. Make sure to use all the expenses you have for building your sites, purchasing domains, etc.

Per Action Rob · 03-29-2011, 09:29 PM

1. Asking tax advice on a forum is about the worst move ever.

2. Your accountant obviously has no idea what you do, and really he should be smart enough to know that what someone else makes has nothing to do with you, its only what you make, get a new accountant.

Kay King · 03-29-2011, 09:36 PM

You are asking about taxes - and you don't have a country of residence listed.

In the U.S. we get a 1099 from google - and that is the income earned from adsense. What google gets is google's business - we pay taxes on the 1099 amount as that is the income we earned.

Is it possible you explained your adsense income in a way that totally confused the accountant?

kay

03-27-2011, 08:48 AM	#1
Shaunman HyperActive Warrior Join Date: May 2010 Posts: 284 Thanks: 7 Thanked 15 Times in 15 Posts	Adsense and Taxes 2010 was the first year I made enough to pay taxes on my Adsense income. My accountant seems to think that I need to figure out how much revenue was earned by people clicking on the ads on my site and then I am going to have to write off what Google took out of that revenue to come up with my income. I thought I could just use the money adsense sent me minue expenses for runing the site and that would be good. I'm confused here because I thought adsense didn't disclose how much they took out of each click.
	http://www.extra-income-simplified.com

03-27-2011, 11:15 AM	#2
CarlosG HyperActive Warrior War Room Member Join Date: Jan 2008 Location: Chicago IL, USA. Posts: 259 Thanks: 13 Thanked 34 Times in 28 Posts	Re: Adsense and Taxes Get a new accountant, google is not going to tell you that, also they don't have to, they report that on their taxes therefore you get the rest which is what you report on your earnings.

03-28-2011, 08:02 PM	#3
mikeroosa Advanced Warrior War Room Member Join Date: Mar 2010 Location: Trinity, FL Posts: 619 Thanks: 44 Thanked 124 Times in 100 Posts Contact Info	Re: Adsense and Taxes My accountant just takes the 1099 and uses that as my income. Make sure to use all the expenses you have for building your sites, purchasing domains, etc.

03-29-2011, 09:29 PM	#4
Per Action Rob HyperActive Warrior Join Date: Feb 2010 Location: Madison Ct Posts: 114 Thanks: 0 Thanked 43 Times in 28 Posts Social Networking Contact Info	Re: Adsense and Taxes 1. Asking tax advice on a forum is about the worst move ever. 2. Your accountant obviously has no idea what you do, and really he should be smart enough to know that what someone else makes has nothing to do with you, its only what you make, get a new accountant.
	See thousands of dollars in live affiliate marketing media buys each month $1 30 day trial: http://www.MediaBuyingMonthly.com

03-29-2011, 09:36 PM	#5
Kay King Senior Warrior Member War Room Member Join Date: Sep 2004 Location: Gulf Coast, USA. Posts: 15,360 Thanks: 4,316 Thanked 4,670 Times in 2,495 Posts	Re: Adsense and Taxes You are asking about taxes - and you don't have a country of residence listed. In the U.S. we get a 1099 from google - and that is the income earned from adsense. What google gets is google's business - we pay taxes on the 1099 amount as that is the income we earned. Is it possible you explained your adsense income in a way that totally confused the accountant? kay