Taxes in United States

I've searched the forums for this topic and didn't come up with anything. How are taxes handled when it come to app development?

Let's say I received $1,000 from selling app XYZ last month. For round numbers, the $1,000 is after Apple and Google takes out their cut. Do I need to set aside 30% of my profits for tax purposes?

How are you handling your tax information?

views:1647 update：2011/9/20 13:12:00

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