How should I handle taxes and reporting for income from affiliate marketing?

Daniel

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Income from affiliate marketing is usually seen as self-employment income, so it needs to be reported when filing taxes. This applies whether you receive payments through PayPal, direct deposit, or other methods. Keeping track of your earnings, even small amounts, makes it easier when it’s time to file. It’s also helpful to keep records of business-related expenses, like tools or ads you pay for, as these might be tax-deductible depending on your country’s rules. In some places, you may need to register as self-employed. It’s always a good idea to check with a tax professional or use official tax resources to stay on the right path. How are you keeping track of your earnings and expenses so far?
 
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