Posted by Whizkidkyus on December 23, 2012 at 12:44:25 from (64.130.151.65):
Hi ,
As some of you already know a friend ( Mrfixit )and I have a site on Youtube and it is doing good . Well enough that we was offered a partnership with Google to place ads on our videos in which we get paid . That statement brings me to my question . How do I figure out how to pay my taxes ? Check from Google goes to him ( I get a printout with my check from him showing how much my videos made and I have access to our account on Youtube and Google ) and he sends me my part . He's paying all the taxes as the Google check is in his name , but I'm paying him back for my share of the taxes. My tax person said that it was 21% of total amount paid - .15% and .6% Federal . She said she didn't think there was any Social Security or medicare ,etc. on it ,just 21% . But he asked his tax person and I wasn't there to hear what they said and he wasn't there to hear my tax person. So does anyone honestly know the law on this as well as tax laws and how to figure them ? I intend to pay , but I don't want to get ripped off,and while he dosen't know what my tax person said ,he apparent want to do as his said . Does anyone know the Kentucky law on this ? Thanks for any and all help .
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