Cryptocurrency Q&A Does Gumroad take out taxes?

Does Gumroad take out taxes?

CryptoPioneer CryptoPioneer Wed Sep 04 2024 | 6 answers 1269
Hello there, I'm curious about Gumroad's tax policies. As a seller on the platform, I'm wondering if Gumroad automatically deducts taxes from my earnings or if I'm responsible for handling taxes on my own. Can you clarify Gumroad's tax practices and whether they take out taxes on behalf of their sellers? It's important for me to understand the financial implications of selling on Gumroad, so I can properly plan and manage my finances. Thank you for your help. Does Gumroad take out taxes?

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