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Just to add another perspective - I've been reporting my feetfinder income for 2 years now. I use TurboTax to file and it actually makes it pretty easy to enter self-employment income. There's a whole section for it where you can list your business activities.
Hey! I've been dealing with similar self-employment income reporting for my online business. One thing I'd add that hasn't been mentioned yet - make sure you keep detailed records of when you receive payments, not just how much. The CRA considers income earned when you receive it, not when you do the work. Also, if you're using any equipment specifically for content creation (camera, lighting, props, etc.), those can be business expenses too. Just make sure you can prove they're used primarily for business purposes. For tracking everything, I use a simple spreadsheet with columns for date, amount, platform, and any related expenses. Makes tax time so much easier! And definitely start putting money aside for taxes now - even if it's just 20-25% of what you earn. You don't want to be scrambling to pay a big tax bill next April. The most important thing is to report it honestly. The CRA is pretty understanding if you're making a good faith effort to comply, but they don't like surprises!
This is really helpful advice! I'm totally new to this whole tax thing and honestly feeling pretty overwhelmed by all the rules and forms everyone's mentioning. Quick question - you mentioned keeping records of when you receive payments vs when you do the work. Does that mean if I took photos in December but didn't get paid until January, I report that income on next year's taxes? Also, I'm probably being paranoid but is there any chance the CRA could find out about this income if I didn't report it? Like do they monitor these platforms somehow? I'm definitely planning to report everything properly, just curious how they would even know about income from sites like this. Thanks for breaking this down in a way that actually makes sense to someone who's never dealt with self-employment stuff before!
Am I the only one concerned about how easy it apparently is to create an Uber driver account using someone else's info??? Like shouldn't they be doing more verification??? What if whoever did this gets in an accident or commits a crime while "working" as you?
This is actually a big problem. My cousin works in identity theft recovery and sees cases like this all the time. The gig economy companies often have verification gaps that scammers exploit. They'll create fake driver's licenses that can pass the initial screening.
That's terrifying! I always assumed they did thorough background checks and identity verification for drivers. Makes me nervous about using these services now knowing how easily someone could be impersonating someone else.
I'm really sorry you're going through this stress! Before assuming identity theft, definitely check if you received any promotional credits or cashback rewards from Uber last year that might have totaled over $600. Sometimes they issue 1099-NECs for things like: - Credit card cashback rewards if you used an Uber-branded card - Settlement payments if you were part of any class action lawsuits - Promotional credits that were later converted to cash equivalents - Refunds for cancelled rides that were processed as "payments" rather than refunds Also, double-check that the 1099-NEC is actually FROM Uber and not a scam. There have been fake tax documents going around that look legitimate but are actually phishing attempts to get your personal information. When you call tomorrow, ask them to provide the exact dates and nature of all payments that led to the 1099. If it truly is fraudulent driver activity, you'll need to file a police report for identity theft and also report it to the FTC at IdentityTheft.gov. Keep all documentation and don't file your taxes until this gets resolved - you don't want to report income that isn't actually yours!
Just a heads up that the 3/28 date was just before Easter weekend, so there might be additional delays due to the holiday. Banks don't process on weekends or holidays, so Monday (tomorrow) would be the first business day after your DDD. I'd wait until end of day Tuesday before really worrying.
I'm in a similar situation with my March 28th DDD - also banking with Chime and still waiting. Based on what others are saying here, it sounds like there might be some processing delays this week, especially with the Easter holiday. I'm going to wait until Tuesday evening before I start panicking. If it doesn't show up by then, I'll probably try to get my transcript or call the IRS directly. Fingers crossed both of our refunds hit soon! The waiting is definitely stressful when you're counting on that money.
Same here! It's so nerve-wracking when you need that money for bills. I keep refreshing my Chime app hoping something will magically appear š At least it sounds like we're not alone in this situation. The Easter weekend delay makes sense - I didn't even think about that affecting things. Hopefully Tuesday brings good news for both of us!
Just wanted to add a quick tip that saved me from a lot of confusion when I first started using EFTPS for my freelance writing income. After you select Form 1040-ES, make sure you're also selecting the correct tax period (Q1, Q2, Q3, or Q4) that matches when you're making the payment. I made the mistake of selecting Q1 for a payment I was making in July, thinking it was for income I earned in Q1. But actually, the tax period should match the quarter you're currently in when making the payment, not when you earned the income. So a July payment should be marked as Q2, even if some of that money is covering income from earlier in the year. The IRS uses this to track whether your payments are on time for each quarter. Getting the tax period wrong can make it look like you missed a quarterly deadline even if you paid the right amount.
This is such an important clarification! I wish someone had told me this when I first started freelancing. I spent my first year thinking the tax period was about when I earned the money, not when I was making the payment. It caused so much confusion when I was trying to figure out if I was meeting the quarterly deadlines. Thanks for sharing this - it would have saved me hours of research and worry if I'd known this upfront.
This thread has been incredibly helpful! I'm a newcomer to freelancing and was completely overwhelmed by the EFTPS system. Reading through everyone's experiences has given me so much clarity. Just to make sure I understand correctly: for my freelance graphic design income of about $3,200 from last quarter, I should select Form 1040-ES in EFTPS, choose the current quarter (Q1 for a payment I'm making now in January), and save that confirmation number. Is that right? One follow-up question - do I need to calculate exactly how much tax I owe, or is there a safe harbor amount I can pay to avoid penalties while I figure out the precise calculation? I want to make a payment this week but I'm still working through all the numbers with my tax software.
Fatima Al-Mazrouei
did u file any amended returns for previous years? that can cause delays
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StarSurfer
ā¢nope nothing like that just a normal return
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KhalilStar
Wait, I'm confused about the SBTPG payments you mentioned - those amounts seem really high for a typical refund ($47k, $27k, $4k). Are you sure those are correct? Most refunds are in the hundreds or low thousands range. Also, if SBTPG already disbursed money to you, that would typically mean the IRS processed your return and sent the refund. Have you actually received those amounts in your bank account? This might be worth double-checking because something doesn't add up here.
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