I had to submit the tax info as well, but this is true for any legitimate business. They sent me a 1099 at the end of the year and I gave it to my accountant along with my other tax documents. The fact they pay on the books is good, it shows that they obey tax regulations. If you make money you need to be prepared to pay the taxes, of course expenses towards making that money are deductible. I am disqualified a lot, often for days, thus I mainly do surveys while watching TV etc…They should pay more and let u know sooner if u do not qualify, I wholeheartedly agree. In 3 years one a $25 sweepstakes once (Target Card) and am aware that their wheel is a virtual wheel which means some combinations much more likely than others)Have hit the $5 twice and the $1 about 4-5 times. There help desk has some good people and some who do not care. The only reason I stay with it is that little money is better than no money..
They don’t give a reason for this, but I assume it has to do with taxes. You see, if you pay someone $600 in any given year, you are required by law to report that earning and send them a tax form at the end of the year. And since 60,000 equals to $600, I assume they have that rule in place so they don’t have to deal with all that paperwork come tax time.
No it’s not a scam, although lately it seems their partners may be scamming members. I have been an inboxdollars member since I believe 04. Last year they introduced the tv channel, just another way to earn first it was earn up to $2.00 a day viewing this channel then they capped it at .50 which is fine. It takes awhile, you see the same videos over and over again. The player eats up memory, retaining more than half of my 12gigs sometimes.Inbox Dollars App
Not a “scam” in the sense of the word, but really not a way to earn any type of money. If you can find the companies that do the surveys and do them on your own with out sites like this you will make a substantially bigger amount of money. The “scam” is they take 90% (if not more, to be honest probably 99%) of the survey payout for themselves. Its the same for the “offers”, they will take the majority of the offer from the company, and give you a small percentage, And if that was not enough, they also take a percentage of your payout. This should be illegal as it is criminal to do this to people.