Jump to content
  • 0

Why Is Line Labs asking for are pvt info for credit


violletStar
 Share

You are about to reply to a thread that has been inactive for 1523 days.

Please take a moment to consider if this thread is worth bumping.

Question

3 answers to this question

Recommended Posts

  • 2
23 minutes ago, violletStar said:

OKAY I NEED TO KNOW WHY IS LIN LAB ASKING FOR PVT  MY INFO  FOR ME TO MY  GET  CREDITS IM LOST ONE THIS  ONE 

😩

Are you talking about providing information to Tilia to process credit?  

 

  • Like 1
Link to comment
Share on other sites

  • 0

If you want to process credit (take $USD from your balance and transfer it out to your PayPal or Skrill account), then you do have to provide some additional information.  LL has to do this now, because of US laws regarding virtual currencies, and IRS regulations.  If you make a significant amount of money from SL ($400 per year, if I recall), you have to pay income tax on it, if you are in the USA.

Link to comment
Share on other sites

  • 0
18 minutes ago, Lindal Kidd said:

If you make a significant amount of money from SL ($400 per year, if I recall), you have to pay income tax on it, if you are in the USA.

Legally, you are supposed to claim ALL hobby income on your taxes, but per the IRS website, LL doesn't have to send out a 1099 unless the amount paid out to someone is $600 or more.

  • Like 2
  • Thanks 1
Link to comment
Share on other sites

You are about to reply to a thread that has been inactive for 1523 days.

Please take a moment to consider if this thread is worth bumping.

Please sign in to comment

You will be able to leave a comment after signing in



Sign In Now
 Share

×
×
  • Create New...