Saturday, February 21, 2009

Do I Have to Claim This on My Tax Return?

My blog is worth $51,373.14.
How much is your blog worth?

I just thought that all you bloggers out there would enjoy this. Somebody has concocted some cockamamie system for calculating a monetary value for your blog.


Bob Cleveland said...

I don't think you have to claim it unless you sell it. Then, it would be a capital gain.

(Unless you had charged off depreciation on it, and then the depreciation recapture would be ordinary income).

As I understand it. Or misunderstand it. Whichever.

Trevin Wax said...

Mine is worth more than 200,000. Do you know of anyone interested in buying?

volfan007 said...

My blog is worth $8,400. I could buy my youngest son a truck with that. Anyone interested in buying it?


Dave Miller said...

I think my blog would be considered a loss. Maybe i can write it off!

Anonymous said...

It said mine is worth $0.00! LOL

I'm guessing because it is basically brand new. The first post was January and it got basically no traffic until the Driscoll posts. All of the posts prior to Jan were moved from old blogs.

But it said my the old blog I had while a Presbyterian is worth $1,693.62. Who's buying? I doubt that blog got as much traffic in a year as my new one did last week. But it has been up since 2006.

Anonymous said...

Why not donate your blog to a nonprofit then deduct it.

Anonymous said...

my blog is worth about as much as a used Chevy Malibu. Think I could trade it in? selahV

Anonymous said...

Can I use my $564.54 value as collateral for more seminary school loans?