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Video instructions and help with filling out and completing What Form 5495 Payable

Instructions and Help about What Form 5495 Payable

Thanks for watching Tech Wiki! Click the subscribe button, then enable notifications with the Bell icon so you won't miss any future videos. Wouldn't it be nice if instead of working for the man, you could just sit at home and play video games all day and get paid to do it? I'm sure many of you have had this thought, especially since some of the most popular game streamers out there are making very comfortable six-figure incomes or perhaps even more, to go along with the worldwide stardom. But let's bring it back down to earth for a minute here. If you, the average gamer, were willing to put in the time and effort to stream, how much could you reasonably expect to make? And just where does all this money come from anyway? So here we go. You're a smaller-time Twitch streamer (we'll focus on Twitch since they're a market leader right now). You're just getting started and, through a combination of good gameplay, entrancing charisma, and devilishly good looks, you've built up a small base of viewers. Congratulations! If you've got up to 50 followers, you can become a Twitch affiliate, which, at some point, will give you a share of the pre-roll ads that Twitch runs against your stream. But that typically isn't much money in the grand scheme of things. Much more important is that it gives you additional monetization options, with one of the most significant ones being subscriptions on Twitch. Subscriptions work a little differently than they do on sites like YouTube. Although streams are free to view, some fans choose to subscribe to streamers that they like, which not only supports the streamer financially but gives the subscriber perks like special emoji and badges for use in the chatroom, as well as the ability...