I'm a bit concerned. About 5 years ago I started up a youtube channel making music, and two years into it I joined Federator to monetize my videos. I've barely touched my channel in two years, but I still get some ad revenue from it. They've been sending me money periodically, about $120 every 6 months (it used to be more often however, every two months or so for 2015). According to my youtube analytics, I made $327 last year, $800 in 2015 and $214 in 2014. This is net income too. Federator takes a 30% cut of all ad revenue from me, so the actual amount I get is even less. I remember entering a 1099-MISC when I did my 2014 taxes, but they never sent me one last year (or at least I didn't get it), and then this year they frantically emailed me to get my new address (I guess I forgot to update it with them). Regardless, I'm concerned I owe the IRS a bunch of taxes, which would be really bad because I'm a poor college student, and certainly don't have 2 grand to pay anyone. What should I do?
Submitted February 19, 2017 at 06:51PM by Joafie http://ift.tt/2lkFBpG
