advice W9 ? Domain taxes ?

[Picassoface]

Lets say i spend $12,000 this year at godaddy buying domain names. Also, i have $10,000 in domain name sales. Do i own any taxes ? What paperwork do i need to submit at tax time 2025 ? Thanks !!!

 

[D Haynes]

Depends what country you live in I guess but in my opinion and what I would do here in the UK is register a 2k loss plus any other expenses relating to your domain investing business.

 

[biggie]

Hi

all depends on what other income you have and your filing status.
ie: single, married, head of household, etc.
and whether you file long or short form.

imo...