income taxes help


How do you pay taxes to the IRS from you Zlio Store?

Does any one know how you would pay taxes to the IRS if you have a Zlio Shop/Store? Do you have to send Zlio a form? How much do you put to the side if you dont know how much commision you will earn?

Public Comments

  1. You would file a 1040, schedule C.
  2. As long as you did not receive the commission, you don't have any tax liability. Only after you receive commission, it is your income. Read this about self employed http://taxipay.blogspot.com/2008/04/tax-filing-by-self-employed-sole.html
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