Ask How does the BMF handle taxes for instructors?

[Btaliat]

Hello,

Can you guide me by hinting me on how tax is done in this platform? Will tax be removed from my earning before the earning will be paid to me? Am I the one that will pay tax? I really want to know how tax is being handled on the platform.

I am asking this because tax is a must jn my country. And I really need to pay to avoid issue with the government..

Thanks.

 

[Newman]

Though there is no much talk about the tax payment on the platform. But most of the time, the tax should be paid by the earners and not really the platform. However, if the platform is also taxed, the platform will deduct the tax before paying the coaches.

 

[Dean101]

Instructors or anyone getting paid aren't getting W-2s or 1099s; it's all cash, under the radar. Technically, the IRS would want a cut since it's still income, but reporting it would be asking for trouble. So basically, people just get paid and deal with it, knowing it's risky. No legal safety nets, no benefits, just straight-up cash in hand. On top of that, there's always the risk of running into trouble with the law.