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Nairaland Forum / Science/Technology / Webmasters / Google Deducts US Tax Monthly From My Youtube Earnings (39730 Views)
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Re: Google Deducts US Tax Monthly From My Youtube Earnings by Arisenews2: 5:01pm On Sep 21, 2021 |
Betboss: Op, you sef no too sabi am. This deduction is from your American viewers only. 24% of the revenue generated from American viewers. Not 24% of total revenue. |
Re: Google Deducts US Tax Monthly From My Youtube Earnings by sokera: 5:01pm On Sep 21, 2021 |
You don’t need to cover that figure , smart dude are here we can calculate your pay with Tax deducted … |
Re: Google Deducts US Tax Monthly From My Youtube Earnings by Betboss(m): 5:01pm On Sep 21, 2021 |
Arisenews2: I'm already doing my calculations, and it's clear that for channels earnings over 2k will pay as much as 200 dollars if US residents makeup the biggest part of their traffic. |
Re: Google Deducts US Tax Monthly From My Youtube Earnings by pacespot(m): 5:02pm On Sep 21, 2021 |
You cover up your earning but you've stylishly told people how much you earned, you said your tax rate is 24% of earnings and you are charged by YouTube a sum of $21USD, a simple mathematician will know how much that will be . However back to the question, I've never been charged of tax by any American company, AdSense, Amazon, etc. Maybe there is a missup in the filling of your tax form on YouTube, kindly check the details and make sure you're not showing your location as the USA. You are not supposed to fill all the details in the form, just enter some required* information to anable you save the document since you don't want to pay the tax. |
Re: Google Deducts US Tax Monthly From My Youtube Earnings by Betboss(m): 5:03pm On Sep 21, 2021 |
Arisenews2: I know, that's why it's only 21% this month. The more US viewers the higher my tax every month. |
Re: Google Deducts US Tax Monthly From My Youtube Earnings by abc115: 5:03pm On Sep 21, 2021 |
Betboss: |
Re: Google Deducts US Tax Monthly From My Youtube Earnings by samsard(m): 5:04pm On Sep 21, 2021 |
Sanchez01:Well, I heard of it on YouTube and it's something the government was looking to enforce. It may not be the case here. But they were going to tax YouTubers for the part of their revenues that come from American audiences. Some countries would get a smaller percentage due to treaties with the US 2 Likes |
Re: Google Deducts US Tax Monthly From My Youtube Earnings by Betboss(m): 5:04pm On Sep 21, 2021 |
pacespot: Thank you, I'll recheck the form again. |
Re: Google Deducts US Tax Monthly From My Youtube Earnings by Myself2(m): 5:05pm On Sep 21, 2021 |
MorataFC: Abeg go and sit down, Mr Jealousy Dey there dey find osho free teacher, no enter internet teach yourself Stop dulling yourself 1 Like |
Re: Google Deducts US Tax Monthly From My Youtube Earnings by jabolo(m): 5:07pm On Sep 21, 2021 |
Betboss: The witholding tax is not such an issue if you declare your global income to the Nigerian Tax authorities (as you should) as a matter of course. The Nigerian Tax authorities will tax you on your Global earnings (Naija income plus any US income) but credit you for the tax already witheld in the US. You might end up paying less tax in Nigeria overall as a result but you probably didn't intend to declare to the Nigerian Tax authorities that US income you've earned anyway. Hope this makes sense. Good day. |
Re: Google Deducts US Tax Monthly From My Youtube Earnings by Nicoswit(m): 5:08pm On Sep 21, 2021 |
ufotty2001:Is it kdp? |
Re: Google Deducts US Tax Monthly From My Youtube Earnings by Myself2(m): 5:09pm On Sep 21, 2021 |
pacespot: Yea I saw it too and I know what his earnings are. However let's cut him a slack cos I guess he has seen a lot of dull people on nairaland to feel safe enough to do what he did cos some can never figure it out even if their lives depended on it |
Re: Google Deducts US Tax Monthly From My Youtube Earnings by dbynonetwork: 5:11pm On Sep 21, 2021 |
3rdor4th:Be specific bro...... Was the $12,000 the money earned in a month or the entire annual earnings. |
Re: Google Deducts US Tax Monthly From My Youtube Earnings by Myself2(m): 5:13pm On Sep 21, 2021 |
jabolo: It's not very convenient to pay such taxes in global earnings in Nigeria, heck any tax in Nigeria even. What's the incentive and encouragement ? After paying taxes for years, one government official will just steal everything without consequences, also they won't use it to provide services cos you have to again provide those services for yourself. Personally I only pay tax to get my certificates to enable me continue business. I pay it grudgingly |
Re: Google Deducts US Tax Monthly From My Youtube Earnings by Nicoswit(m): 5:13pm On Sep 21, 2021 |
abc115:Bro, can you give a brief explanation on that getting products from china to sell on Amazon plz |
Re: Google Deducts US Tax Monthly From My Youtube Earnings by RodgersAkpafu: 5:15pm On Sep 21, 2021 |
Trimjos:I'm surprised this post got many likes |
Re: Google Deducts US Tax Monthly From My Youtube Earnings by RodgersAkpafu: 5:17pm On Sep 21, 2021 |
ifymadu:Na wa o Nigerians eh O di egwu 1 Like |
Re: Google Deducts US Tax Monthly From My Youtube Earnings by ifymadu: 5:18pm On Sep 21, 2021 |
RodgersAkpafu: Bruhahahaha |
Re: Google Deducts US Tax Monthly From My Youtube Earnings by Arisenews2: 5:18pm On Sep 21, 2021 |
Sanchez01: You're wrong. If you fill out the tax form, 24% would be deducted from revenue generated from United viewers only. It's a MUST! But if you don't feel out the form, 24% would be deducted from your total views. |
Re: Google Deducts US Tax Monthly From My Youtube Earnings by Racemate(f): 5:19pm On Sep 21, 2021 |
IamPlato:USE AHREFS FREE YOUTUBE SEO TOOL,JOIN FACEBOOK GROUPS RELATIG TO YOUR NICHE |
Re: Google Deducts US Tax Monthly From My Youtube Earnings by Commentor: 5:21pm On Sep 21, 2021 |
They don't like to pay tax. |
Re: Google Deducts US Tax Monthly From My Youtube Earnings by Arisenews2: 5:24pm On Sep 21, 2021 |
Betboss: Exactly... I paid 280 dollars last two months |
Re: Google Deducts US Tax Monthly From My Youtube Earnings by Arisenews2: 5:24pm On Sep 21, 2021 |
Calitoscassius: Read my previous replies. I'm a YOUTUBER too. |
Re: Google Deducts US Tax Monthly From My Youtube Earnings by musicwriter(m): 5:24pm On Sep 21, 2021 |
spirul77: Yes, they pay you if you want to be paid. If you have videos, go to the settings and monetize them. But it has to be your own videos or videos not protected by copyright or videos that have not been monetized by someone else. If you post someone else's video YouTube may warn you and if you keep doing it, they'll close your account and you'll lose your earnings. So be careful. The sports highlight people would be watching the match live, recording, cutting, pasting and already creating the YouTube video even before the end of the match. Because whoever upload to YouTube first gets thousands or even millions of views. 2 Likes |
Re: Google Deducts US Tax Monthly From My Youtube Earnings by kay29000(m): 5:25pm On Sep 21, 2021 |
Amazon deducts USA tax from my book sales earnings on their platform... As long you make money in America, regardless of where you reside, you will be taxed. |
Re: Google Deducts US Tax Monthly From My Youtube Earnings by Betboss(m): 5:26pm On Sep 21, 2021 |
Arisenews2: That's much....like you're been reaped off your hard earnings all in the name of tax. |
Re: Google Deducts US Tax Monthly From My Youtube Earnings by expressglory: 5:27pm On Sep 21, 2021 |
pacespot:Hello...Amazon is collecting about 30% of your earnings...but you may not know.You are only exempted if you are from countries having 'tax treaty' with US! |
Re: Google Deducts US Tax Monthly From My Youtube Earnings by StayMotivated: 5:27pm On Sep 21, 2021 |
O wrong now YouAreUseless: |
Re: Google Deducts US Tax Monthly From My Youtube Earnings by kay29000(m): 5:30pm On Sep 21, 2021 |
Dproperties: LOL. Abi o. 21X4=$84 1 Like |
Re: Google Deducts US Tax Monthly From My Youtube Earnings by ndividual: 5:30pm On Sep 21, 2021 |
Betboss: The rule of thumb in such matters is to ask yourself "Is there a transfer of money from a US citizen for goods and services, tangible/intangible?" If the answer is anywhere between "yes" or "probably", its just a matter of time. One thing that just came to mind is that depending on how big your earnings are, you could float a US company that gets taxed and then pay yourself the net of that. But that depends on which is higher: the witholding tax (as is) or the company+state tax depending on where the company's physical location is. None of this is legal/financial advice |
Re: Google Deducts US Tax Monthly From My Youtube Earnings by BuddhaPalm(m): 5:34pm On Sep 21, 2021 |
Betboss: There you go...
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Re: Google Deducts US Tax Monthly From My Youtube Earnings by Worksunlimited: 5:36pm On Sep 21, 2021 |
Betboss: Your YouTube channel link? |
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