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Messages - spike

Pages: [1] 2 3 4 5 6 ... 26
1
You're right, you have a choice.

"Yes, you must pay taxes on any income generated from your hobby, even if its just a few dollars. The Internal Revenue Service (IRS) considers any income earned from a hobby as taxable income. Therefore, youll need to report it on your tax return and pay taxes on it. However, theres a key difference: taxpayers with hobby income (not considered business income) can avoid self-employment taxes. If you incurred any hobby-related expenses, you might be able to deduct them as well. "

If someone wants to avoid self-employment taxes, they can just declare just income. If you want to deduct expenses, which I believe would be to my benefit, so I do, then you file a Schedule C. But income is income, no matter what, if you are a US resident, and you must pay income taxes.

What would I even deduct? I'm not sure what your circumstances are, but for me as someone who's not actively engaging in asset production, I have no idea what I could even deduct. I sold my dSLR in 2020 or 2021 and haven't looked back. My laptop is worth around 1k, and I have no expenses except for a microstock stats service to sometimes check which types of assets are selling.

So, for me, since I don't deduct anything, I use Sch E. Nobody is talking about "not paying income taxes" at all, I don't know why you felt the need to mention that.

2
No, it is income and not what is considered royalties.  You will need to pay self employment tax.

Depends. True if it's active and makes the majority of your income. If it's passive, then it's Schedule E, no self employment tax.

At least that's what my CPA said.
you  need a 2nd opinion! or a new CPA  - do they understand that royalty-free doesnt mean you're receiving royalties?

Maybe I need a new CPA, but I haven't had any issues so far at least. They told me that since I'm not actively pursing this, it is considered passive income, and royalties are reported on Sch E.

I have created all of my stock assets before moving to the US, so I haven't engaged in any stock production on American Soil (tm). Why would I pay self-employment tax?

Anyway I can ask again, or ask another CPA, but it doesn't seem that it would make sense to go on Sch C in my case. Your cases may be different.

Passive income is the IRS definition, not if you are working or not. Money from Microstock is commissions, you are an independent contractor and self employed. https://www.irs.gov/instructions/i1040sc
If you are inactive and the money is from a hobby, you aren't in business and can't take deductions.

Yes, so according to the link you shared:

"Use Schedule C (Form 1040) to report income or (loss) from a business you operated or a profession you practiced as a sole proprietor. An activity qualifies as a business if your primary purpose for engaging in the activity is for income or profit and you are involved in the activity with continuity and regularity. For example, a sporadic activity, a not-for-profit activity, or a hobby does not qualify as a business. To report income from a nonbusiness activity, see the instructions for Schedule 1 (Form 1040), line 8j."

It's not a business - it's a hobby.

I don't take deductions.

So it's not Sch C.

Where is the disagreement coming from?

3
Depends. True if it's active and makes the majority of your income. If it's passive, then it's Schedule E, no self employment tax.
that's new info you didnt bother to tell us earlier

Literally does not matter. I said "If it's passive, then it's Schedule E, no self employment tax."

And that seems to be true. Where I created the assets should not play a role, I could have created them in the US, and if I stopped, then it would be Sch E.

4
No, it is income and not what is considered royalties.  You will need to pay self employment tax.

Depends. True if it's active and makes the majority of your income. If it's passive, then it's Schedule E, no self employment tax.

At least that's what my CPA said.
you  need a 2nd opinion! or a new CPA  - do they understand that royalty-free doesnt mean you're receiving royalties?

Maybe I need a new CPA, but I haven't had any issues so far at least. They told me that since I'm not actively pursing this, it is considered passive income, and royalties are reported on Sch E.

I have created all of my stock assets before moving to the US, so I haven't engaged in any stock production on American Soil (tm). Why would I pay self-employment tax?

Anyway I can ask again, or ask another CPA, but it doesn't seem that it would make sense to go on Sch C in my case. Your cases may be different.

5
No, it is income and not what is considered royalties.  You will need to pay self employment tax.

Depends. True if it's active and makes the majority of your income. If it's passive, then it's Schedule E, no self employment tax.

At least that's what my CPA said.

Incorrect.

Even though an individual is retired and not currently involved in his or her creative pursuit of income, any royalties received are business income if the individual was engaged in the business at the time the material generating the royalties was produced.

https://www.thetaxadviser.com/issues/2013/dec/kelley-dec2013.html

Does it get tiresome to be a contrarian for the sake of being contrarian, even when you contradict yourself:

"Royalty" income is for when you are no longer actively participating in the production.  If I stopped creating content as my "job" and then just sat back, it becomes "royalty" income.

No.  All the links and reading say that if youre not actively participating in production, then it becomes royalties for the purposes of taxes.

So, you initially agree that it's actual royalties, Sch E, when you're not actively participating in production.

And now you say that despite not actively participating, it's Sch C

Can you make up your mind? :)

6
I always thought the top 100 was for large studio/team producers only. The only person I know in that level started out as a single artist but had progressed to working more as an art director and has people working for him, some full time, some on work for hire basis.

No, I was among the top 100 in around 2017/2018. But then I kinda moved on from stock and uploaded very rarely. Now I'm around 600 (both weekly and lifetime) and I have a feeling I could crack the top 500 if I made a bit more images. But I don't.

Anyway, it's doable. Good luck to you all!

7
No, it is income and not what is considered royalties.  You will need to pay self employment tax.

Depends. True if it's active and makes the majority of your income. If it's passive, then it's Schedule E, no self employment tax.

At least that's what my CPA said.

8
Neither. AI sucks for keywording, usually gives two-word phrases as keywords, and is more or less useless.

I also don't do it manually.

9
Adobe Stock / Re: 2023 Adobe Stock contributor bonus plan details
« on: February 19, 2024, 13:53 »
Thank you for the all apps plan, much appreciated.

10
Shutterstock.com / Re: Shutterstock steals sales. Control purchase
« on: February 14, 2024, 16:01 »
If this really were true, it would be such a easy and stupid way for SS to end up in court and paying out millions.

So if this happened, one has the purchase date, the ID of the asset bought. Screenshot both, maybe even do a screen recording of buying the assets. If they don't appear in your sales after a month - voila, you've got yourself a case against SS and potentially millions in reimbursement.

That's what I would do if I had solid proof of this happening. Not posting on a forum frequented by 50 people.

11
Shutterstock.com / Re: Shutterstock 1099s - VENT
« on: January 31, 2024, 17:27 »
I got the link today, but the form won't download.

Same

12
Cool. Super glad that 99% of my portfolio is in 1080p.

The remaining 4k will be pulled down and replaced with 1080p version. Thanks for letting us know!

13
Adobe Stock / Re: Am I human
« on: January 18, 2024, 14:10 »
Using irrelevant keywords or titles is listed in Adobe's account and submission guidelines as being a prohibited activity that could lead to warnings, account suspension, and/or account termination.
https://helpx.adobe.com/stock/contributor/help/submission-guidelines.html

Then he should likely be reported, a lot of the titles are not relevant and the keywords are not much better either

14
Adobe Stock / Re: Am I human
« on: January 18, 2024, 00:17 »
I found this contributor at Adobe today:
https://stock.adobe.com/ch_de/contributor/209153539/oleg?load_type=author&prev_url=detail

He has almost 315k (!) generated images. What the heck?
But at least he has a good, probably manual quality control.

But still, how do you manage to generate so many images in such a short time? It can only be a huge team, probably from Eastern Europe (Oleg?)
I wouldn't be surprised if they start completely plagiarizing other agencies with Img2Img and Inpaint at some point in the future.

Extremely demotivating.

Thanks for this. IMO, this should be reported to adobe.

Look at this: https://stock.adobe.com/images/a-heart-shaped-red-and-pink-macaroni-and-cheese-macaroni-and-cheese-macaroni-and-cheese-macaroni-and-cheese-macaroni-and-cheese-macaroni-and-cheese-macaroni-and-cheese-macaroni-and-cheese/706555302

The title is "a heart shaped red and pink macaroni and cheese macaroni and cheese macaroni and cheese macaroni and cheese macaroni and cheese macaroni and cheese macaroni and cheese macaroni and cheese"

I think we can all agree this is not human-generated :)

I've been doing AI for some time and I'm fairly well versed with stable diffusion, and I have an idea what this dude is doing. He's scraping the adobe stock library and using the images as a reference to create new variations of existing assets, either through img2img or IP-adapter. The titles are automatically written by something like CLIP interrogator or img2prompt. I know this is the case 100% because I've used img2prompt workflows before, and they often give an output that repeats itself in a loop. I'm certain of it.

I don't know if this is legal or in line with Adobe's terms of service, but I would definitely call it unethical.

I mean, I had an idea to do something like that months ago, but didn't because it just seemed slimy and cringe. But if there's no reaction from Adobe, that means that they encourage and tolerate this kind of contributor behavior. At that point, why not spam the collection with 315k more images in a few months? I would encourage you too - if anyone needs help setting up stable diffusion, feel free to hit me up, I'll send you links to tutorials and all that

15
Adobe Stock / Re: Upside to long waiting times
« on: December 08, 2023, 21:47 »
why do people say this stuff. There is a fresh content tab and filters. It isnt some magical luck of the draw thing.

Actually it is. Will your asset get picked up or not mostly depends on luck, especially lately.

Source: stock contributor since 2009, I spread out assets from my shoots over numerous batches over weeks, and sometimes an asset gets picked up by the search, gets a few initial downloads in the first day, and the propels it further in the search rankings. If you don't get any views/downloads in the first few days of assets being online, it's much less likely it will be picked up. And no, the asset that gets picked up is in no way shape or form superior to the ones that don't get picked up. So yeah it's luck.

16
Canva / Re: Canva Tax Forms
« on: December 03, 2023, 11:26 »
Withholding rate should be 0% for US-persons, right?

17
Adobe Stock / Re: Similars policy
« on: November 30, 2023, 18:19 »
... and the real Adobe where there are hunderds of contributors from certain geographic regions who spam the system, and the reviewers are not doing a great job at catching them...
Reviewers are maybe from the same geographic regions  ;D
That has been my suspicion for a long time, but since it's speculation I didn't want to share it as it detracts from the issue
(although it certainly explains it)

18
Stocksy / Re: Is it worth uploading to Stocksy?
« on: November 30, 2023, 18:16 »
Haha. 🤭Now watch every one flock over there to join like chickens to feed! So crazy.  I'm sure once that happens, sadly they will lower contributor earnings.
Sigh.......☹️

I doubt that will happen.
They have been known to be the best earning agency for pretty much for everyone they accept for a long time and they are very strict about who they accept. I never got accepted and I earn my living with microstock, so my photos can't be that bad.

You just didn't plaster a random VSCO/RNI films preset before submission bwahahaha

Also it helps if you shoot everything in fullframe with 35/50mm f/1.4, fully open  ;D

altho some portfolios... I question how they got there... https://www.stocksy.com/davemills/showcase?page=1

19
Adobe Stock / Re: Upside to long waiting times
« on: November 30, 2023, 18:11 »
Going on 5 weeks now. Is this the new normal?  Not seeing the upside

They're already accepting ~200k images per day. Are you sure you want the review process to be faster?

How do you think your image will be found when it's fighting against 100s of millions of old assets in the collection, and 200k that were approved on the same day as yours?

The issue is too low of a rejection rate, not review times.

20
Adobe Stock / Re: Similars policy
« on: November 30, 2023, 18:03 »
In my opinion, a much better strategy would be to hold reviewers accountable. When other contributors report stuff like that, the best response isn't "we don't discuss other accounts", it's accepting that it was a mistake to let those images slide through, remove them, and interally look at which reviewer let those images get into the public facing database. Then educate the reviewer so they don't make the same mistake again.

If the same reviewer is later found responsible for other errors in the review process, and they were already educated, then it's time to let the reviewer go. They're causing harm to the company, to the contributors, and to the buyers.

But then again, I'm not the CEO of Adobe and I can only cosplay as one on a small internet forum. Too bad tho.

21
Adobe Stock / Re: Similars policy
« on: November 30, 2023, 17:54 »
One final point I would like to make regarding similars. In a hypothetical world where there is no moderation and everything you submit is automatically approved....If you submit 100 images of Autumn leaves, they will not all surface in search results. Only a small number of these files will be discoverable except by customers willing to dig very deep into the search results. Only 10,000 results are displayed at a time for any search query. As noted previously, there are millions of files online with the keyword "Autumn Leaves". The basic math indicates the vast majority will not surface in general searches. You are better off carefully curating your collection and choosing only the very best of each batch to submit.

Thanks for the debate,

Mat Hayward

Translated from corporate speak to facts: "We are aware that our review standards are nowhere near to perfect, but even when they're not, most of the images submitted will never see the light of day because they'll be buried in search results so it won't affect your "WOW" image".

So it's not only an admission of suboptimal reviewing, it's also being wasteful with server space and providing a worse experience for the customer :D

I mean, I don't care, it's just funny. I've come to terms that there are 2 Adobes, the 1 with the idealized criteria of how things should look, what should pass review and what should get you banned... and the real Adobe where there are hunderds of contributors from certain geographic regions who spam the system, and the reviewers are not doing a great job at catching them.

I submit to the real Adobe.

22
Dear Forum Members,

I recently faced a challenging situation and am seeking your insights. This was my first time participating in a submission process for a free collection, where I contributed 80 clips. Admittedly, I had hoped for at least a 10% acceptance rate, but none were selected.

This outcome has admittedly shaken my confidence as a stock footage creator. Rejection isn't easy for anyone. I'm left wondering if the quality of my assets was not up to par or if there were other factors at play.

I would greatly appreciate any feedback or advice from this community. Have any of you experienced something similar? What could be the reasons behind such a decision?

Looking forward to your valuable insights.

Best regards,
Daniel

Using ChatGPT to write forum posts? Cringe

23
I was * along nicely on Adobestock selling  few a day here and there and generally doing better week on week and then yesterday it just.....stopped.

Has that ever happened to you? Only thing I have done differently is upload more images (I currently have over 300 sitting for approval) that couldn't affect it, could it?

Wouldn't be strange other than the fact the sales were rolling along nicely and now tumbleweed

Yes. I use microstockr to check my sales according to sets/images etc.

Some images have a streak of selling 3-10 times per day, for a month. Then the next month, they get downloaded 2 times in total. So it's super obvious.

24
At the beginning of October, Adobe Stock was adding around 900k genAI images per week.

From October 16th for the next three weeks, it was just over 1 million each week.

From Nov 6-13, it was almost 2 million!! 1,930,975.

I very much doubt that Adobe Stock is adding buyers at anything like the rate that it's adding genAI images. Or that existing buyers are suddenly going to be buying a significantly larger number of items. I doubt the AI gold-rush enthusiasts have thought too much about where this is all going, but even if this was all novel content I think there'd be a supply & demand imbalance.

Freepik's collection shrank between last Monday & today - from 30.08m down to 29.63m. It had grown from 28.7 to 30.08 the previous week, so I assume they were doing some cleanup?

And out of those 2 million added, my feeling is that 10% at most should have passed review. I looked at some of them in 1:1 and it's really funny what Adobe reviewers think is acceptable.

25
I agree 100%,but that's another question,those who create multiple accounts to circumvent the rules pay the consequences,you can be sure of that,the fact is that sometimes it takes a while to catch them.

I firmly believe that to reduce AI content spam,and don't create this crazy rush of 100 contents in 2 hours,favor review,favor real content,lighten the load,increase the quality produced... for many reasons I firmly believe that Adobe should place a limit and announce it officially.

let this limit be 1000 per month or whatever they want,but there must be an officially communicated limit, so that people get their act together, and try to create more original and quality things instead of starting an "assembly line"

I'm sure Adobe has already thought about it.

Mat,if you read me,try to raise this issue with the team if is possible and if you can.

See if it's possible to have an officially announced limit of AI content per month or per year per account,I think 1000/1500 per month is more than enough,otherwise we'll all go crazy here,including you! :D

Limits on new accounts are ok, limits on legacy accounts from contributors who know what they're doing - nah

Why implement this limit only on genAI? You can take your smartphone, take literally 10,000 photos in an hour, and send them all for review. That's a lot more than you can create with AI. Yet, nobody is advocating for upload limits for traditional photos.

It's the job of the reviewer to reject all images that don't satisfy criteria. You can't expect the contributors to "self censor" when it's not in their best interest. If they have a 1% more chance of selling by uploading an extra 10 images, they will do it. If someone can generate 10,000 good images per month - this means, good subject, inpainted faces and hands, upscaled with SD ultimate upscale - then great, let them! The issue doesn't come from those contributors. It comes from those who buy a Midjourney subscription, generate 1000 images, upload them all after upscaling in Topaz, and they pass review. The underlined part is the issue. Adobe doesn't have enough skilled reviewers to distinguish between good and bad upscales. They talk a lot about "educating contributors" but they should educate their reviewers.

If it were up to me, I'd delete over 90% of their current genAI collection - it's crap, mostly midjourney output upscaled in Topaz or something similar, no realistic skin textures, and it all looks samey.

There are a few contributors (and I count myself among them not because of an inflated ego but because of the skills I needed to learn to get where I am) who submit proper content, proper technically, proper theme, proper upscale and inpaint. With consumer hardware, it would be very hard to reach 10k images per month like that. Not impossible, but hard, and your machine would need to be generating and upscaling almost 24/7.

Once Adobe recognizes that it's not those contributors who are the problems, but the mass from a certain low-COL geographic region (no racism, just go on youtube and search for adobe stock ai earnings and see who's uploading) who spam their system with their crappy midjourney upscales, and the reviewers who, for whatever reason, allow this type of content in the adobe stock library.

Me personally - I am waiting for an AI-only "high end" stock agency, where such stuff will not be allowed. I've given up hope that Adobe will ever clean shop.

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