In most cases, you do not have to pay taxes on the money you make from selling scrap metal. However, there are a few exceptions. For example, if you're considered a professional scrap collector or dealer, you may be required to pay taxes on your earnings. It's always a good idea to check with your local tax authority to ensure you follow the rules. This is especially the case if you're making a regular $200+ a day doing it. Because that's a job, not a small gig that the IRS agent will overlook. Let's do some fun math... - $100 a day x 5 days a week x 52 weeks a year = $26,000 a year - $200 a day x 5 days a week x 52 weeks a year = $52,000 a year - $300 a day x 5 days a week x 52 weeks a year = $78,000 a year - $400 a day x 5 days a week x 52 weeks a year = $104,000 a year