Saturday, January 31, 2009

Tax time - How to Handle AppsStore Revenue

It's tax time here in the U.S. and time to figure out how to handle the revenue from the AppStore. Some people believe Apple will be sending developers a form 1099 and others believe we just handle the revenue as one would for consulting. Since I'm running as a L.L.C. I'm not quite sure how to handle this on my Schedule C. If anyone has links or knowledge on how this should be handled please leave a comment. Also, if you have a reference where Apple says they are sending 1099's I would love a link to that too. Thanks.

Here are a few links I have been able to find on the subject so far:

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