I am about to start an internet business selling personalized tees and I was wondering, do I have to pay taxes and do I have to get a business license? I am 12 years old and I live in Grand Rapids, MI.
2006-07-07 10:51:22 · 4 answers · asked by Anonymous in Business & Finance ➔ Small Business
The business is going to be on my website.
2006-07-07 10:51:52 · update #1
What would happen if I sold things without either of those?
2006-07-07 11:00:50 · update #2
since it is a internet business, no state tax if the item is sold to somebody out of state, you are twelve you can not enter a contract till you are 18, and no store front so no on the business license, if you make more than 600 in sales then you have to file federal tax. and you going to have to do a DBA "Doing Business As"
2006-07-07 12:44:17 · answer #1 · answered by jmatt_inc 3 · 3⤊ 0⤋
this question is a techniques too significant (even extra significant than football minutiae) to be spoke back on YA! you should seek for the answer elsewhere, my buddy. it is going to likely be a lengthy and important seek for, yet in the top you'll discover it changed into properly worth it. Godspeed!
2016-11-01 09:47:13 · answer #2 · answered by ? 4 · 0⤊ 0⤋
well yes to both of those
2006-07-07 10:55:24 · answer #3 · answered by Shelby 3 · 0⤊ 0⤋
yes, and yes.
2006-07-07 10:54:46 · answer #4 · answered by judy_r8 6 · 0⤊ 0⤋