InboxDollars $ 5 Signup Bonus

 Quick Overview: 

InboxDollars is a cash-based online rewards club that passes on the revenue it generates from advertisers to its members. By participating in paid surveys, reading e-mails, playing games, redeeming coupons, and more, you can get cashback on your activates.

                              Click Banner to SignUp and receive your 5 $ Bonus Now

HOW INBOXDOLLARS WORKS

Earn cash credited to your account when you complete particular tasks. These include:

• Using coupons – find hundreds of printable grocery coupons, and earn additional cashback when you use them!
• Playing games – select from dozens of card, strategy, sports, and word games, and get paid when you play.
• Shopping cashback – visit the InboxDollars website and get cashback for your purchases from hundreds of merchants including Walmart, Target, Old Navy, and more.
• Answering surveys – take online surveys when they become available, and earn cash every time you successfully complete a study.
• Using the toolbar – earn additional cash by using the toolbar for your web searches, and have an easy way of staying informed about the latest free offers, surveys, etc.
• Reading e-mails – receive emails with special offers, and earn cash when you open some special emails.
• Referring friends - refer friends and earn 10% of what they earn. Banners and links are provided in your account.

Summary of Earning Potential: 

Surveys

Games

Videos

Coupons

Shopping

PaidEmail®

                                 Payments and Rewards

Once your account reaches a balance of $30, you can request 

Rewards:

PayPal cash

Check cash

Amazon gift cards

All gift cards

For non-Gold members, it takes around two weeks for payments to be processed. For gold members, payments are processed weekly. Payments are issued in US dollars, regardless of where you live.

Becoming a Gold Member

Once you cash out for the first time, your account will automatically be upgraded to gold. Gold members enjoy additional perks including faster payments, more sweepstakes entries, more loyalty rewards, and additional referral rewards.

                             Click Banner to SignUp and receive your 5 $ Bonus Now

Community Features

If you try to complete an online survey but get disqualified when attempting to do so, you'll still receive an opportunity to win a prize by earning a spin on Billy's Spin and Win wheel. The number of spins you've accumulated is found on the 'Surveys' page.

Prizes include: $0.25 tokens (after your next successful survey completion, get an extra .25 credit in addition to the survey credit; 5 tokens maximum can be sitting in your account), $5.00, $1.00, and $0.05 cash bonuses credited immediately to your account or Scratch-Off Progress which will be credited immediately to your account; win and you'll see the Scratch Off progress bar will move forward towards the next scratch-off card.

Inboxdollars has been around for a long time

InboxDollars was founded in 2000 and has over 17 million members and over 2.5 million Facebook fans. They have awarded over 60 million dollars in rewards to their members and have a mobile app available. As of 2020 their parent company, Cotterweb is listed with the BBB and has an A+ rating.

Eligibility: InboxDollars is open to international residents 18 years of age and older.

Published: By: IOpenUSA - 6:43 PM

Do I need to pay tax on online surveys?

Do I need to pay tax on online surveys?

HI
The answer depends on how much have you earned in a year.
U.S. law requires market research companies based in the U.S. to report any amount over $600.00 paid to an individual over a single calendar year, to the IRS. If you reach this threshold, the research company will send you a form called a W9, whose information will be sent to the IRS. The form will ask you for your personally identifiable information (full name, address, etc.) as well as your SSN. This is strictly for tax purposes only and is the only time when it is acceptable to provide a research company with your social security number.



Although you might not have to pay taxes on your earnings and prizes from online surveys, it is in your best interest to report them to the IRS. If you must pay tax on your survey earnings, your marginal tax rate will depend on your income and tax-filing classification. All US citizens of the age of majority, are required to file income taxes, and upon doing your taxes, you will learn how much (if any) tax you will pay on your tax return.

Where to report survey taking income

On your tax return (form 1040), there will be a line (currently, line 21) entitled “Other income”. Use this line to report the sum total of your earnings from survey taking. This line is used to report a variety of sources of income such as include winnings from lotteries, scholarships, rebates, etc. Online surveys income falls under the subcategories, ‘Non-employee Compensation’ and/or ‘Rewards’ and can be included here. However, if you filled out a W9, it may be best to use Schedule C.


Do non-USA residents fill out W-9s?

If you’re located outside the US, but earn $600 or more in any given calendar year with a market research company located in the USA, you may be asked to complete a W8-BEN. This is essentially the W-9 equivalent for non-USA residents. The form is pretty simple and is called, “Certificate of Foreign Status of Beneficial Owner for United States Tax Withholding and Reporting (Individuals).” It essentially verifies that you are a non-USA resident, and are the beneficial owner of the income. Once completed, the form should be submitted to the payor (in this case, the market research company) and not to the IRS.

Foreign persons are subject to the U.S. income tax rate of 30% however many, if not most developed nations have a tax treaty with the USA so that residents of these countries will not have any of their earnings withheld. However, again, you must complete a W8-BEN in order to verify your citizenship of one of these nations in order to have nothing withheld and to continue receiving your earnings without issue.

What If i refuse to fill out a W-9?

If you’re asked to complete a W-9, but refuse to do so, you may be penalized $50 by the IRS for every instance. As well, the market research company may withhold 28% of your earnings and forward the proceeds to the IRS as a type of backup withholding. More commonly, the survey company will just stop sending you surveys, thereby halting any future earnings. The best thing to do is to fill out a W-9 when you’re asked to do so and complete it correctly using real and accurate information. Published: By: IOpenUSA - 1:49 PM