pancakes

MicrostockGroup Sponsors


Show Posts

This section allows you to view all posts made by this member. Note that you can only see posts made in areas you currently have access to.


Messages - SpaceStockFootage

Pages: 1 ... 61 62 63 64 65 [66] 67 68 69 70 71 ... 98
1626
Canva / Re: Contributor update about tax
« on: April 04, 2017, 15:05 »
It's when it's withholding for taxes in other countries that can be an issue. If your country has a double taxation treaty with the country that is withholding tax, then you should be able to offset if against what you owe in your own country. You're pretty much out of luck if you live in a tax free country though, or there's no double taxation treaty.

1627
General Stock Discussion / Re: Adobe stock
« on: April 04, 2017, 15:02 »
Fotolia with Adobe stock is great! I have some 3000 images with them and I get approx $.800 a month give or take.

Either that's a typo, or you have a low threshold for what constitutes 'great'!  ;)

1628
General - Top Sites / Re: Thoughs On 4K Video For Stock
« on: April 04, 2017, 10:26 »
Add a saturation effect, set it to 100 and then do a pixel by pixel comparison.

1629
Shutterstock.com / Re: First payment
« on: April 02, 2017, 04:24 »
I think the earliest I've had it was the 7th, the latest was the 11th, and it's usually about the 9th.

1630
There was yesterday. It's the same photo as well, just without the watermark. Looks like they may have been using placeholders and forgot to update them before the site went live.

1631
It's how much you make that's relevant, not the effort.

Inactive musicians with millions in royalties can't just claim it as a hobby unfortunately...

Actually, if you're not active, "royalties" do not get taxed as "income".

They've got to be taxed as something though. Surely the millions of dollars that Michael Jackson's estate generates every year isn't tax free, just because he's very much 'inactive'.

1632
General - Top Sites / Re: Thoughs On 4K Video For Stock
« on: March 31, 2017, 19:10 »
Just on the subject of advanced  codecs with more options and features... what options and features do you need, aside from it producing a watchable video file?

1633
General Stock Discussion / Re: Impossible accept/reject rates
« on: March 31, 2017, 18:53 »
Anybody brave enough to try...?

They're different companies?

1634
"Do you have a portion/room of your home office set for tax purposes as business property use?"
Not anymore.  I quit last November.
 
How low would my income have to go before it would no longer be considered a business?   $50 a year?  $100?


You can make less than $0 and you'd still be considered a business. Lots of companies make a loss during a tax year, but they're still businesses. Not entirely sure what you'd need to do to stop being a business... maybe remove all your items for sale. Maybe there is some magic hobby number you can get below. Maybe something else... not too sure.

1635
General Stock Discussion / Re: How is your March?
« on: March 31, 2017, 04:53 »
Nothing wrong with a sales thread, but always best to not put too much stock in the responses when it comes to overall sales, trends, end of the world planning etc.

Take me for example... VideoHive is the only place I have an exclusive account and a non-exclusive account. On my exclusive account, it's the worst month in seven months. On my non-exclusive account, it's the best month I've had in six months. As they say in the land of the free and the home of the brave... go figure. 

1636
General - Top Sites / Re: Thoughs On 4K Video For Stock
« on: March 31, 2017, 04:07 »
What is and isn't a delivery codec varies depending on who you speak to, but in most cases it will be something with low compression and a relatively high file size. I'd say H.264, whether a mov or an mp4, would be an intermediate codec (the kind of thing you'd send to the client for approval rather than for the final files) rather than a delivery codec... although in this instance it's also an acquisition codec.

The only thing that's set in stone is what constitutes an acquisition codec, as that's whatever your camera uses... and they can vary in quality, mainly when it comes down to the bitrate used. It's rare people ever upload acquisition codecs to stock sites though, as they need trimming or color correcting. As far as I'm concerned, the instant you edit it and render it out again, it can no longer be classed as an acquisition codec, even if it is the same actual codec used.

If you are uploading the file 'as is' from your camera's memory card, then that's great. As mentioned, you're not going to upscale the quality by using a different codec, so you may as well do that. The mistake that I think people are making, is assuming that the H.264 from your camera is the same as the H.264 you're outputting from your Premiere, or Sony Vegas, or FCP or whatever you're using. Sure, it's the same codec, but the standard output settings make it a very small, compressed file.

Your 4K camera should be recording at a minimum of 40Mb/s, so if you're rendering a 30 second clip at 100Mb, then you're losing masses of data. If you can change the minimum bitrate in your software, then do that... if you can't, then I'd go with Photo JPEG, or ProRes if you can. And if you're increasing the bitrate so it;s close to Photo JPEG, you may as well just use Photo JPEG instead.

I can't see it making a massive difference in sales, but if I was completely torn between buying one of two clips, and one was H.264 and the other one was Photo JPEG, I'd go with the Photo JPEG. 

1637
Envato / Re: Another Envato Tax question....
« on: March 30, 2017, 04:59 »
Not sure if that would wash with the IRS. The money has been deposited in your Envato account (or any other stock account where you can decide when to withdraw), and you have the ability to withdraw that money whenever you want (although, once a month and over $50) so could it be classed as you not having been paid?

If a client pays $10,000 into my bank... could I avoid paying taxes on it if I don't withdraw that money or spend it? I think that would be a definite no... but there's not that much difference between having $10,000 in my bank and $10,000 in my Envato account. Yes, I can't set up direct debits, or transfer that money directly to other people, and I don't have an Envato ATM card or check book... but you get the point! It is still money that I have made, in an account under my name, which I have access to and can do with as I please, pretty much.

I really can't see the IRS buying that if it came down to it. I mean, none of the stock companies report income at the point of withdraw (unless I'm mistaken) so I'm assuming there's a reason for that. I'm sure they've looked into it.

I know this doesn't really apply to the OP and the money that couldn't be withdrawn under the $50 minimum rule, but I still think it's an important consideration.

1638
General Stock Discussion / Re: How is your March?
« on: March 30, 2017, 04:50 »
Started well and seems to have been dropping steadily. Won't be my worst month in the last year or so, but will be a close second or third.

1639
Actual video footage doesn't do very well there, but motion graphics do well. That's mainly what VideoHive is known for. I also have some After Effects files which do well.

I've always made around $100 to $150 at SS, a bit less at iStock, around $200 to $300 at Pond 5, up to $450 at VideoBlocks, $50 to $100 at Artbeats Express, $50 or less at Fotolia, $25 if I'm lucky at MotionElements, $35 to $70 at CG Trader, $10 at Dreamstime... it all adds up, but not as much as VideoHive.

1640
Sure....


1641
Yeah, that's no worries. Adds a bit of context!

1642
Good find on the numbers, that's pretty much spot on! But just to clarify, I said $2,800 to $3,850... not $4000. Not a massive difference, but it can add up over a year. I do make extra money doing freelance work though (custom space shots here and there, logo animations, a bit of editing and VFX from time to time), but I'm 39 in a few months, so I'm trying to take it easy at my age. Don't want to over do it.

So that could mean an extra $250 a month or an extra $5,000 a month... or $0 a month. Depends on the gig and how motivated I am to work, which usually isn't very much. There are horses to be ridden, seas to dive, balls to pot, temples to explore, shots to putt, PS4 games to play... and the world's scotch supplies aren't going to drink themselves.

1643
Envato / Re: Another Envato Tax question....
« on: March 29, 2017, 11:23 »
Envato and FT both provide the amount earned during a calendar year to the IRS, regardless of whether it was paid (like all the other agencies do).  Very annoying.  For Envato that is the total sales price not the amount you earned - you need to deduct their seller fees off as a cost.

Since they reported the amount to the IRS I would include it in your income just to avoid any possible hassles.  However, once you deduct off the 60% or whatever it is they keep it isn't going to add a lot to your taxes.

I knew they were going to keep my earnings when they closed my account.  My problem is that they  are trying to make me pay taxes on THEIR income.
I know that neither the IRS nor Envato is going to be concerned with my little $16.  But I'm sure they do this to everyone who closes their accounts and that could add up to thousands.  The IRS might be interested in that scenario. 
Am I missing something here?  I always thought that if you send a 10-99 to the IRS with a total amount on it that you were saying in effect "I paid this person X amount of money and they are responsible for tax on it".

It's a valid point... but I'm assuming it's also a bit of a gray area. I can understand your point, as your example is more clear cut, there's a reason why you haven't been paid the money... but, if earnings were only reported at the point of withdrawal, then somebody earning tens of thousands of dollars a year, could just choose not to withdraw it and then not have to pay any taxes... as nothing would have been reported. And just for withdrawals in general... the earnings might be reported in the wrong tax year if it's at the point of withdrawal, rather than the point of sale... especially if there's a $100 minimum withdrawal and somebody makes less than that per month. 

1644
I may have confused the matter with the cost of cigarettes in Australia being $900 a month, and then explaining what you can get in South East Asia for that same $900. I don't earn $900 a month... I earn around $2800 to $3850 a month selling stock, plus my freelance earnings on top.

So yes, $9000 a year (when living in a country, time period, or on a planet that has and/or had a ten month year), would be a bit of a stretch... but having a minimum of $33,000 (and a realistic amount of $40K+) a year, gives me a lot more flexibility.   

1645
My current pad in Cambodia. Free wi-fi, free water, free cable TV, electricity is less than $100 a month, even with the air-con on 75% of the time, small garden out the back... $375 a month. You wouldn't get that in London!




1646
On the whole, most countries in Scandinavia are more expensive than the UK, France and the US. Even for big cities... according to Numbeo, there are five Scandinavian cities that are more expensive than New York, which is the most expensive out of the whole 'London, Paris, New York, Monaco etc' selection.
Specially if you like a drink or two!!! Its really property prices that kill it in London......if you avoid posh restaurants bars etc.

I do like a drink! Cheapest drink on my travels was $0.25 for half a pint of beer at happy hour... normal price was $0.50. Most expensive was $11.50 a pint, with cocktails approaching $20 (that was a cheap'ish' pub - clubs would have been a lot more). Crazy!

Although, I think I paid 9 Euros for a pint in Sweden in 2002, which would have been nearly $11 at the time, so it's possible it's a lot more than $11.50 there these days.

1647
General - Top Sites / Re: Thoughs On 4K Video For Stock
« on: March 29, 2017, 06:51 »
I think most of them prefer Photo JPEG. They only want H.264 if that's direct from your camera... which is going to be a lot more than 100MB.

1648
On the whole, most countries in Scandinavia are more expensive than the UK, France and the US. Even for big cities... according to Numbeo, there are five Scandinavian cities that are more expensive than New York, which is the most expensive out of the whole 'London, Paris, New York, Monaco etc' selection.


1649
Steady decline since new year! for western people that is. This business is booming in Russia Poland and Ukraine.
How can you possibly know that?

Must be on the 'historical breakdown of total monthly SS sales by country' page... which I'm yet to find.

1650
Or Australia. Probably couldn't afford to live there, especially as a 20 a day smoking habit will set you back $900 a month... before you even start thinking about rent and general living costs!

I can get my rent, bills, food, half a dozen beers a day, and cigarettes in Cambodia for less than $900 a month!

Pages: 1 ... 61 62 63 64 65 [66] 67 68 69 70 71 ... 98

Sponsors

Mega Bundle of 5,900+ Professional Lightroom Presets

Microstock Poll Results

Sponsors