Does anybody know how this is handled at tax time?

My guess would be you pay your taxes as normal, they ignore it and get fined because it is easier to chase one big fish rather than a bunch of smaller ones. That's just a guess though. I really have no idea.

I still do all eps 8. Can't say I have any problems.

Jon is billionaire, he did a 1000 times better 

So his girlfriend has 8000 kids? 

Quote from: littleny on May 20, 2014, 06:06

Is it necessary to select subcategories in DeepMeta?
The keywords i add from lightroom are automatically imported to deepmeta but then i wind up spending a lot of time selecting subcategories. 
While some of the subcategories are necessary and relevant, others really don't make sense to me and don't matter. 
I guess the question is, if the image is selected will the top category display without a subcategory selected?

Yes

I know this is an old thread, but can you elaborate on this? I was kind of wondering about this the other day. Obviously, you want your core keywords selected, but does it really matter for the rest of them?

Vectors... Or did that happen already?

I think that I've said before, I'm not a fan of anything that requires monthly payments.

Me either, but I keep getting bills every month. 

I do not see a bright future for Adobe. Most of the customers who will buy an Adobe subscription are now on board. They are not going to grow the number of subscribers much further.  They therefore face a growth issue. Investors want to see growth.

They may believe that they can meet expectations by gradually turning up the price of subscriptions. In order to do this they are likely to be looking for ways to increase the perceived value of an Adobe subscription (because in terms of features the products are already, frankly, bloated). Personally I doubt that users want clumsy content integration.

Bad news for Adobe is that perhaps 70% - 80% (this is my guesstimate) of their customers are using less than 30% of the functionality of the Adobe products. These core features (and more) are going to be included free on the software which ships with Macs, iPads etc. Or a cheap (and often less bloated and more modern) app is good enough - now that print is dead, bar the shouting. Eg - the latest Pixelmator costs less than $30 and is now fully 16 bit.

I guess you haven't been reading what Adobe has been working on lately. Lots of smaller mobile apps. Lots of integration. Very interesting stuff in my opinion. I'm still kind of old school, but they definitely seem like they are preparing for the constantly evolving/future market. I don't know if they will get it right, but it seems smart.

Is none of the above an answer? I think you either have the types of images that are going to get you to certain earning levels or you don't. So, it doesn't really matter if you make more of them.

Is Stockhub something that looks interesting to you?

Not particularly, but I'm not all that focused on the big 4. So, I'm probably not the target customer.

Thanks for the info. Unfortunately I'm not convinced that this is accurate, even if it is coming directly from the IRS. Your info says that reporting of the form 1099-K is not required on tax returns, and yet a microstock photographer is currently working to defend himself against an IRS claim that he didn't pay enough in taxes precisely because of his not reporting this 1099-K.

To me, it sounds like the IRS is saying one thing and doing another. Maybe reporting 1099-K info really isn't required, but that doesn't mean that the IRS won't come after you anyway and force you to defend yourself against claims that you owe them back taxes.

My take-away from all of this is that there seems to be no way to fully protect yourself from the IRS claiming you owe money on income you already paid taxes on as a result of these 1099-K forms. And the best defense is to simply try and not fall under the reporting criteria. I'm working towards that goal by splitting my payouts between multiple payment services, check payments, and direct deposit/bank transfer where available.

I guess I thought they used it as a trigger. If your reported income is vastly different (less) than what Paypal reports is coming into your account, then they might audit you. But, I assume that is the same with pretty much anything that looks suspicious or incorrect.

iStock suddenly raised prices for small images and dropped them for large images.

If only everyone else would alienate all the the customers that pay a couple dollars or less, everything would be great. 

Seriously though, the long term strategy seems decent. If you want really cheap prices, buy subs. If you are not going to buy in bulk, then you have to pay more. Shutterstock kind of works the same way. I can't say all the details of what they are doing are good, but I like the idea of moving away from images for a buck. I wouldn't mind seeing other sites do the same.

File it with your taxes, and ignore the income. But people can't just ignore the form because they don't like it.

I would say the problem is that they don't seem to report everything on it. So, it was less than my total income reported, but more than my stock income. What they are putting in or leaving out would probably take hours, days or more to resolve. I'm also not entirely sure where or if it is supposed inserted onto the tax form. Luckily, mine arrived after my taxes last year and they didn't send me one this year. Maybe, they have eliminated the practice of sending them out or just send them to the IRS.