Do you have to pay Fed. tax for a web site.
My friend and me are starting a site and have some big ideas and conections to bring in the money. What do we have to wory about with U.S. taxes?
The web site is a chrisian music web site and we are probly going to return that money to the ministry, one of which is aiding to start a Contemporary Christian Music radio station in Cleaveland Ohio.
Please give me some ideas.
We both are also under 18 so that is another thing that aplies to the taxes.

The site will be
We are hoping to get it running soon!