Taxes on blogging can be tricky. Depending on your blog’s specific taxation status, you may have to pay taxes on your income, donations, or both.
If your blog is considered a business, you may have to pay taxes on your income from advertising and other forms of revenue. If you have employees, you may also have to pay taxes on their wages.
If your blog is considered a hobby, you may not have to pay taxes on your income or donations. However, you may have to pay sales tax on items you sell through your blog.
And if you create content for profit, you may have to pay taxes on that income as well.
It’s important to keep track of all the tax obligations that apply to your blog so that you don’t end up paying more than necessary. If you’re not sure whether your blog is considered a business or hobby, consult a tax advisor or search online for information about the particular taxation status of blogs.