Business License

Discussion in 'Indie Writing, Publishing & Marketing Discussion' started by HeatherHart, Jan 22, 2012.

  1. HeatherHart

    HeatherHart New Member

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    Someone recently told me that you have to have a business license to self publish a book. Is this true? I could possibly see the need for one if you are forming your own publishing company, but I didn't think that was actually necessary to publish your own book. Can anyone help me out?
     
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  2. drdaveherndon

    drdaveherndon New Member

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    Not in Montana, anyway. My wife began her own business last year (DaMoryDiapers.com). Not only does our city and county not require a business license but the secretary of state for Montana said that we only needed one if we planned on getting a tax id number for it and have it listed in the state directory of businesses. For her business, she did and paid the state $25 or so but it wasn't required. I don't have to have one to publish books. Now, taxes on any royalties are another issue altogether.
     
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  3. thebiblestop

    thebiblestop New Member

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    I don't think it is required in most states, unless you start a publishing company. Your social security number serves as your tax id number if you are just self-publishing a book.
     
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  4. Michael J Scott

    Michael J Scott New Member

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    No, you don't need one - even for multiple projects. Pay attention to your royalties, however. You may have to pay self-employment tax on it. Might want to talk to a tax professional for that info.
     
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  5. HeatherHart

    HeatherHart New Member

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    That's what I thought, I just wanted to double check. Thanks everyone!
     
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  6. Samantha Fury

    Samantha Fury Active Member

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    Yes on the tax issues, how does that go. Not meaning to Hi-jack your thread.
    Any thoughts guys and girls.
     
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  7. Michael J Scott

    Michael J Scott New Member

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    I just filed this morning, and because I made less than $400 last year, I did not need to file SE. I filed my income under "other income" because it would come under a 1099-MISC
     
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  8. Samantha Fury

    Samantha Fury Active Member

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    We are self employed so I figured I could do something like that. Just add it in with something. I just write down all the numbers and give it
    to the tax guys. I just know sometimes you need a number or something and didn't want to be doing something wrong. We live in Kentucky anyone know of any dumb rules, I know my state and I"m sure they have one. :)
     
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