All countries
United States
Americas
Profit-share is self-employment income, hit by ordinary income tax + the 15.3% SE tax (Schedule C/SE). Worldwide income is taxable even from offshore firms with no 1099.
How it's classified
Self-employment / independent-contractor business income (1099-NEC) — not capital gains.
Tax rate
10–37% federal (progressive) + 0–13% state.
Social contributions
15.3% self-employment tax (Social Security + Medicare); half deductible. +0.9% Medicare surtax on high income.
Registration / regime
Sole proprietor files Schedule C + Schedule SE; quarterly estimated payments. Business expenses deductible.
Crypto payouts
USDC is ordinary income at USD value on receipt; that value is the cost basis, so a later sale is a separate capital gain/loss.
General information only — this is not tax or legal advice. Rules change and depend on your situation. Always confirm with a qualified tax professional in your country.
Compare countriesProp firms based in United States
Their payout history is tracked on-chain by Tradavi.