Log in

View Full Version : Tax for sale at app store for iPhone application?


tommy76
Feb 6, 2011, 08:24 AM
Do I have to report income made last year for sales iPhone apps? It seems Apple does not send any tax form for it. I am wonder how can I fill the tax forms this year regarding this?
Thanks

AtlantaTaxExpert
Feb 19, 2011, 10:48 PM
If you made a profit on the sale of ANYTHING, that is considered self-employment income which is sibject to both income and self-employment taxes. The fact that APPLE failed to report the income to the IRS is irrelevant.

If you need professional tax help with this, email me at [email protected].