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    needclarity123's Avatar
    needclarity123 Posts: 5, Reputation: 1
    New Member
    		  
    #1

    May 7, 2018, 12:30 PM
    How Do I Report This On Income Tax?
    Hey there, not sure if there are any Canadians out there but I have a tax question.

    I am making some money on the internet through affiliate marketing. I promote other people's products for a commission.

    I was wondering, how I can report this on my income tax. Do I need to register a business name? I heard that I don't need to. If not, can I claim my expenses to this unofficial business?

    Thanks
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #2

    May 7, 2018, 01:08 PM
    I am speaking from a U.S. perspective, but I am sure it applies the same way for Canadian tax law.

    The money earned through affiliate marketing is earned income and this fully taxable. If it was over $400, it would be considered self-employment income on a U.S. tax return, reported on Schedule C.

    I suspect the Canadian tax authorities would treat it the same way as well.
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