- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Reporting minor's income from Swagbucks, etc.
Hi,
I trust tax experts can best advice here. Happened to find out that minor kid was earning Swagbucks, converting them into paypal money to buy giftcards, cryptocurrency via Cointracker and using it to again buy giftcards since late 2020 until the end of 2022. Never knew there was such a thing and now genuinely confused how to report that income. The minor kid since then closed all his accounts and didn't get any income tax form such as 1099-MISC or any other from those web sites (and they don't agree to send as well when asked.) Now what are the options here? If need to be reported, then how ? Do previous year taxes need to be amended too?
Thanks in advance for any and all pointers!
Best regards
May 23, 2023
10:31 PM