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Online Data Entry job, with 100-200/day, is paid in Ethereum. How taxes work here?
My Wife works part ime for few hours a day as an Online Data Entry job for Cosmos tours. They pay in Ethereum using cryptowallets (Paybis/metamask). We cash down around 100-200 to our bank account on a daily basis. we are paying the GAS chares on the platforms. I have below questions.
1. Should I pay taxes on this?
2. How MetaMask give me a Tax form etc.to put it in Turbo tax?
3. I work Full time for a different company. Is it advisable for having this income for my Wife or on My SSN?
I really dont want to evade taxes and just pursue this income if its 100% legal and doesnt land me in trouble. I am unsure, please help.
The Cosmostours supervisor says its tax free as we pay GAS fee for using the crypto wallet platform. I am not convinced by that. Please help.
1. Should I pay taxes on this?
2. How MetaMask give me a Tax form etc.to put it in Turbo tax?
3. I work Full time for a different company. Is it advisable for having this income for my Wife or on My SSN?
I really dont want to evade taxes and just pursue this income if its 100% legal and doesnt land me in trouble. I am unsure, please help.
The Cosmostours supervisor says its tax free as we pay GAS fee for using the crypto wallet platform. I am not convinced by that. Please help.
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‎December 20, 2023
7:01 PM