Taxes and fees

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This topic contains 2 replies, has 1 voice, and was last updated by  Doll Baby 05/16/2013 07:59 pm. This post has been viewed 373 times

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  • September 2, 2012 at 1:02 am #3507

    Anonymous

    How much of your webcam income can you expect to lose in Federal and state taxes? I was also wondering how large of a cut you can expect the cam company you choose to take? I mean what is the standard percentage?

    September 23, 2012 at 2:19 am #4220

    Anonymous

    If you’re working through a studio they’re going to pocket a commission and it’s different for each one. It’s much better to work direct. As for taxes, that’s going to depend on how much income you make in a year and which bracket you fall into.

    May 16, 2013 at 7:59 pm #4221

    Doll Baby
    Member

    If you work from home, you can write off a lot of expenses. You can say that a large portion of your home is your studio. Save every receipt you can, and put it towards your right-offs.

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