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.
Inboxdollars is a scam!! All I have to say is you 1) better CAREFULLY read there lengthy terms and agreement before signing on the dotted line! My account got terminated because I unfortunately didn’t and didn’t realize my sister couldn’t have an account because we live together and have same address and used to use the same computer. We worked on surveys for hours and made $60 plus each and then got terminated and had to forfeit our money! Really sucked! 2) They will give out your information….phone number and email address. So if you don’t want tons of spam calls and spam emails….run away!! 3) They do not have a phone number to contact them. They have a support email and a live chat who doesn’t give you any useful information. Needless to say….Inbox Dollars is the worse survey site that I have ever encountered….you have been warned!! 🙂
As InboxDollars connects advertisers and consumers in a mutually beneficial fashion, there are limitless cash-earning options via signing up for various offers and newsletters. For example, you can earn $0.25 and beyond by opting in for free samples, $3 reward if you sign up for Target Redcard and a whopping $20 just by signing up for the Fabletics membership.
InboxDollars pays anywhere from $0.50 to $5.00 per survey on average, and they can take anywhere from 3 minutes to 25 minutes to complete. However, some online surveys pay $20 or more if you qualify. Be sure to complete your profile survey. That way, you maximize your chances of getting high-value surveys that pay a more significant amount of money.
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..
InboxDollars makes you an offer you can’t afford to refuse – start earning extra money and even a full-time living online, at your own pace, in the comfort of your home or elsewhere and have all the money you can make at your fingertips, with minimum effort. For added convenience, you can now leverage legitimate and select reward websites to benefit from real cash plus prizes for your usual everyday online activities. Ka-ching!
NO PAYMENT GUARANTEE. PandaResearch does NOT guarantee that a member will receive credit for a completed survey and offer. PandaResearch will make reasonable efforts to track and report your signing up for offers but does not guarantee the precision of the process. We reserves the right to refuse the credit to members for offers for variety of reasons, including, but not limited to , Lack of appropriate information, Improper signup, Improper browser settings, Errors in third party reporting, and / or any other reason.