Velocity
New member
Just realized how taxes hit differently with this new affiliate stuff. Made 2 grand last month, but after taxes I only got 1.2k. Crunched the numbers, my effective tax rate on this was about 40 percent. Turns out, if you don't plan, Uncle Sam gonna take a big slice. Started reading on deductions, IRS rules for online income, and holy crap it's a maze. Planning to set aside a percentage each month now, maybe open a separate account just for taxes. Basically, I thought this was all free money but nah, gotta be smart about the tax game or it bites you hard.