timomediagroup Posted January 28, 2018 Share Posted January 28, 2018 Hello everyone,As I’m new to Fiverr I was wondering something regarding my Fiverr earnings.As we all know, we have to declare our earnings on the taxing forms in our own countries.But at what point does the Fiverr earned money become truly earned money?Is it the moment when the money becomes available on my Fiverr account?Is it the moment when I transfer the money to my PayPal?Or is it the moment when I transfer the money from PayPal to my bank account?So hypothetically speaking if case 3 is true, can I declare that I earned the money during summer when I transfer the money from PayPal to my bank account in the summer, and then prove it with the bank notification of the PayPal transfer?Thank you for your time!BR,Timo. Link to comment Share on other sites More sharing options...
topaz_muse Posted January 28, 2018 Share Posted January 28, 2018 That’s a bit tricky with the wording used. Though I’m certain that as soon as the funds are released to your fiverr account it is seen as earnings. Being seen as truly earned money will vary depending on who you speak with.It’s not about when the money is transferred to your account but on when it is actually earned. Link to comment Share on other sites More sharing options...
carineb Posted January 28, 2018 Share Posted January 28, 2018 You must ask this question to the tax services in your own country.Each country has different rules about earnings. Link to comment Share on other sites More sharing options...
misscrystal Posted January 28, 2018 Share Posted January 28, 2018 Hello everyone,As I’m new to Fiverr I was wondering something regarding my Fiverr earnings.As we all know, we have to declare our earnings on the taxing forms in our own countries.But at what point does the Fiverr earned money become truly earned money?Is it the moment when the money becomes available on my Fiverr account?Is it the moment when I transfer the money to my PayPal?Or is it the moment when I transfer the money from PayPal to my bank account?So hypothetically speaking if case 3 is true, can I declare that I earned the money during summer when I transfer the money from PayPal to my bank account in the summer, and then prove it with the bank notification of the PayPal transfer?Thank you for your time!BR,Timo.Is it the moment when I transfer the money to my PayPal?It’s when you transfer it to Paypal.Then you are taking a payment. Link to comment Share on other sites More sharing options...
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