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YOUTUBE TAXES Explained! 10 Tax Tips for YouTube Creators!
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90,268Views
2020May 6
YouTube Taxes can be complicated. Both Small YouTubers and Full-time YouTubers struggle with YouTube Taxes and understanding paying taxes on their YouTube Money. I've partnered with TurboTax Self-Employed to help you better understand YouTube Taxes on your YouTube Earnings, Brand Deals, and Affiliate Marketing Revenue. #YOUTUBETAXES #TAXES #AD TurboTax Live Self-Employed as an easy solution for filing your taxes and working with credentialed tax experts who can answer your tax questions, give you unlimited advice all year long and help you keep more money in your pocket at tax time. Try TurboTax Self-Employed https://intuit.me/2KMk5rk (Sponsored) 0:20 Does YouTube Take Out Taxes for You? 1:29 Can You Deduct Purchase for YouTube From Your Taxes? 2:00 How Much Do You Need to Earn to Pay YouTube Taxes? 2:59 What I Can You Deduct From Your YouTube Taxes? 3:34 How Much Money Do You Need to Set Aside for YouTube Taxes? 4:28 Should You Pay YouTube Taxes Quarterly or Yearly? 5:08 Do You Need to Set Aside Money Besides YouTube Taxes? 6:10 Do I Need to Incorporate as a Business? 6:40 How Should You Separate Business from Personal Finances? Many YouTube Creators don't know if they need to pay taxes on YouTube Ad Revenue. The short answer is YES. You do need to pay YouTube Taxes and you have to pay taxes on YouTube income from Brand Deals and on Affiliate Marketing Income. YouTube Income Taxes represent self-employed income, your YouTube Taxes are not taken out for you by YouTube since you are not a YouTube Employee. YouTube Adsense earnings are reported on a 1099 form you receive for your YouTube monetization earnings and you will be filing a 1044 Tax for or a Schedule C. **Disclaimer: I am not a Financial Advisor or Licensed Tax Professional, this information for entertainment and education purposes only. Please consult a licensed financial professional. Invest in Your Future By Getting Some FREE Stocks Get a Free Stock When You Signup for Robinhood https://robertoblake.com/robinhood Get 2 Free Stocks on WeBull When You Deposit $100 (Valued up to $1400) https://robertoblake.com/webull JOIN MY WEEKLY GROUP COACHING PROGRAM! https://www.awesomecreatoracademy.com... BEST TOOL TO GROW A YOUTUBE CHANNEL https://tubebuddy.com/awesome DISCOUNT CODE: robertosbuddy GET THE YOUTUBE STARTER KIT https://bit.ly/youtuberstarterkit REQUEST A 30 MINUTE YOUTUBE CHANNEL REVIEW https://www.awesomecreatoracademy.com... GET A 30 DAY FREE TRIAL OF EPIDEMIC SOUND https://share.epidemicsound.com/roberto GET CLOSED CAPTIONS AND TRANSLATIONS FOR VIDEO https://rev.com/roberto START YOUR OWN WEBSITE WITH BLUEHOST https://robertoblake.com/bluehost WHAT I USE TO SHOOT MY VIDEOS(Affiliate) https://amazon.com/shop/creatorgearguide Cameras For Photography and Video πŸ“Έ πŸ“Έ (Amazon) Sony A6600 https://amzn.to/39DNTRE πŸ“Έ( Amazon) Sony A7R III https://amzn.to/2Rv8AcN Camera Lenses πŸ“· πŸ“·(Amazon) Sony 24mm F/1.4 G Master https://amzn.to/2HpD5uk πŸ“·(Amazon) Sony 16-35mm F/4 https://amzn.to/37um2BQ πŸ“·(Amazon) Sony 24-70mm F/2.8 https://amzn.to/2sajbMd πŸ“·(Amazon) Sony 50mm F/2.8 Macro https://amzn.to/2sdRr9w Microphones for Video and Podcasting 🎀 🎀(Amazon) Sennheiser AVX Wireless https://amzn.to/2CSxzyM 🎀(Amazon) Sennheiser MKE600 https://amzn.to/39wcuYc 🎀(Amazon) Blue Yeti Blackout Edition https://amzn.to/2Vwvy2E 🎀(Amazon) Rode Video Mic Pro Plus https://amzn.to/2Aw2eA8 Lighting Gear πŸ’‘ πŸ’‘(Amazon) Aputure C120 D https://amzn.to/2VzLVv5 πŸ’‘(Amazon) Aputure LS 1/2 https://amzn.to/2VtZZqd πŸ’‘(Amazon) Philips Hue Light Strips https://amzn.to/2Rwa7j2 DRONES Mavic Air https://bhpho.to/2KW58pe Mavic Pro https://bhpho.to/2zFIiwJ CONNECT WITH ME ONLINE https://robertoblake.com   / robertoblake     / robertoblake2     / robertoblake   SEND ME FAN MAIL AND STUFF WeWork c/o Roberto Blake 1372 Peachtree St Atlanta, GA 30309 Roberto Blake is a Creative Entrepreneur, Keynote Speaker and YouTube Certified Educator. He is the founder of Awesome Creator Academy and Host of the Create Something Awesome Today Podcast. Roberto Blake helps entrepreneurs and social media influencers, through educational videos on YouTube, motivational content on Instagram and career development advice on LinkedIn, as well as offering 1 on 1 Coaching and a Group Coaching Program. **Disclaimer: Roberto Blake is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to www.amazon.com. Disclaimers: all opinions are my own, sponsors are acknowledged. Links in the description are typically affiliate links that let you help support the channel at no extra cost.

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Roberto Blake

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