Market Watch

Youth Rewards – Paid Online Surveys

Taking surveys can be a great way of having your opinion heard, and you get paid on the side at the same time. But even if you join the highest paying online survey sites, it is not something that you can do for a living, and it is not something that will make you rich. There are lots of claims on the internet that you can make huge sums of money. 

Note that surveys are ways to have your opinion heard and earn some money on the side. If you do it with the right expectations, it will give great opportunities. Therefore, setting your expectations will allow you to enjoy the benefits of paid online surveys with youth rewards. 

Is it safe to do paid surveys online?

Paid online surveys are safe and legitimate ways brands get their customers’ feedback on the products and services. You may participate in various surveys with different companies. There are legitimate and illegitimate companies that conduct surveys. The best is to do prior research on the specific company you want to participate in its survey. 

Both legitimate and illegitimate companies will ask for details such as your address, age and many more. The primary reason for the companies to ask about your details is to compare various people’s opinions. For example, older people would have varying opinions from older counterparts. At the same time, the area you live in is essential to understand how people from different regions vary in their views. 

However, it would be best to avoid illegitimate companies whose main goal is to use the information obtained in fraudulent ways. Such illegitimate companies may sell obtained information to interested companies. Though, legitimate companies would never sell your personal information to any party. The safety and authenticity of paid online surveys may make you wonder whether they are worth trying out. 

Are paid surveys worth it?

While several online surveys may be fake, some offer real money information of rewards or points you can redeem into money. It is essential to keep note of good sites that you may use without losing money. Youth reward is among the companies that have what it takes to hold people’s information. 

Youth reward surveys would require you to provide your opinion on different topics and afterward reward you for your opinion. So, you can either win gift cards or use the rewards for getting bigger prizes that the site offers. Youth rewards surveys allow you to withdraw the money through your visa or PayPal account. 

Do I need to pay tax on online surveys

Yes. You need to pay taxes when you earn from paid online surveys. Whether you make money as a gift card or any other survey income, you should pay taxes like any other regular job. There is a slight difference in the regular income tax payment from paid online surveys tax payment. 

In paid online surveys, you would take the initiative to pay the taxes for any survey income that you earn. However, some people would not claim online surveys earnings for taxes. You would fill out a W-9 form when you have made more than six hundred dollars from the branded surveys. 

Most important, paid online surveys are a good way of earning an extra coin and not as a primary source of income. Taking part in paid online surveys that make you real money requires you to do good company research. Researching for the best company will help you know whether you are dealing with a legitimate company, thus paying taxes becomes easy.