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irs taxation of escorting ?????

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L

latboy4u

Guest
"ive been receiving income from escort services for about 2 years now , is this illigal. i am not employed by anyone ,its just me. i would pay taxes if necessary but i dont find anything relating to this "profession" . would i file a schedule c ? any info u could provide is greatly appreciated.";
 


JETX

Senior Member
The IRS taxes "income", it doesn't matter whether you were on your feet or not when you 'earned' it.

Do you make you money directly from the 'escorted', or do your split percentage with a pimp?

If direct, you need to report as 'earned income' without a 1099.

If a percentage, the 'pimp' should have submitted 1099-misc forms for your income.

As a last resort, ask your CPA.
 

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