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Topic : Re: Is it legal to self-publish books independently (in any form) with no LTD, L.L.C., D.B.A., etc.? I want to know if I'm safe publishing a book(s) with no copyright/trademarks/etc. and avoiding - selfpublishingguru.com

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You'll need to check with the tax laws of the jurisdiction you're living in to be sure, but in general, you don't need to have any extra legal designations in order to publish, but you DO need to declare the income for tax purposes.

Amazon sends out 1099-MISC forms to their author/publishers detailing the money earned in each tax year.One copy of that form goes to the citizen, another copy goes to the tax authority. So if you're American, the IRS will know how much you made and I imagine they'll expect you to declare it.

If you're not American, you'll have to look at local tax rules, but also be aware that Amazon will keep 30% of your sales as a withholding tax unless you jump through a lot of hoops, IRS-wise.


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