Introduction
Selling digital products on Gumroad (ebooks, templates, courses, etc.)? Your overseas platform income is subject to income tax filing. This guide covers the tax basics Gumroad sellers need to know.
What is Gumroad?
Gumroad is a platform where creators can sell digital products directly to customers. You can sell ebooks, PDF templates, online courses, software, music, and various digital content to customers worldwide.
Gumroad handles payment processing, file hosting, and customer management, deducting sales fees before paying out to sellers.
Tax Obligations
If you're a tax resident in your country, you're generally required to report worldwide income, including Gumroad earnings. This income is typically classified as self-employment or business income.
Tax filing deadlines and requirements vary by country. If your annual revenue exceeds certain thresholds, you may also need to register for and collect sales tax.
※ Please consult a tax professional for accurate tax filing advice.
Exporting Sales Data from Gumroad
1. Log in to Gumroad
2. Go to Settings → Advanced → Data Export
3. Select 'Sales' data and set the date range
4. Download as CSV file
The downloaded CSV contains sale dates, product names, amounts, fees, and net earnings.
Creating Reports with TaxBridge
TaxBridge makes it easy to convert Gumroad CSV files into tax-ready reports.
1. Select 'Gumroad' platform on TaxBridge homepage
2. Upload the downloaded CSV file
3. Review the data and select your preferred export format
4. Enter exchange rate if needed and download the report
Use the converted report as reference material when filing taxes or share with your accountant.
Tax Filing Tips
• Organize sales data monthly to make year-end filing easier
• Use the appropriate exchange rate for each transaction date
• Gumroad fees and PayPal fees are deductible business expenses
• Business-related expenses (software, equipment) can also be deducted
• Consider registering as a business if your annual revenue is significant