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Unread 15-10-2010, 13:11
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Re: Birth of an Android App!

Quote:
Originally Posted by ichisato View Post
Well, I'm only 16, I don't pay taxes :|
Paying taxes has nothing to do with age, but has to do with income and whether your parents claim you as a dependent (they probably do). More then likely, if you receive any money from your app, you will have to file a tax return, even though you will likely not have to pay taxes on it, unless you make several thousand dollars. You should consult with your parents and their tax adviser.

I'm not sure how the android market is set up, but they may even be reporting the payments they make to you to the IRS, which means it would be really easy for the IRS to know you didn't file a return.

I also read recently that some cities are requiring that people who sell apps have a business license. You should become familiar with the business license requirements for your city.

If that sounds like too much work, you could either make it a completely free app (earning income from ads may be the same thing from selling the app), or set something up from the team or school so that they receive the money, since they probably already have everything set up for taxes.
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