Taxes

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Taxes

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Hello everyone! I have a question for American Instructors: 

when you receive the payouts from Udemy onto your bank accounts, do you pay taxes from that amount? And if you do, what percentage?

I would really appreciate your answers. Thank you.

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Yes, I pay taxes, both state and federal. I would recommend you consult with a CPA to determine how much you should pay in estimated taxes throughout the year based on your income and overall tax bracket.

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I pay estimated taxes every quarter. Then I work with my tax professional to figure out where I stand for the year 🙂

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Yes, I pay taxes, both state and federal. I would recommend you consult with a CPA to determine how much you should pay in estimated taxes throughout the year based on your income and overall tax bracket.

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Thank you for replying!

 

 

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