Alexander Sergeevich Pushkin wrote: "Inspiration is not for sale, but you can sell a manuscript." Is it possible to earn money by writing these days? Let's figure it out!
To begin with, dear writers, we advise you to exhale and understand that this is really possible! And for this it is not necessary to spend huge sums on printing a paper version of the book, just as it is not necessary to spend a huge amount of time later on finding a platform to sell your book. In the 21st century, there are other options that allow you to fully realize yourself as a writer.
LitRes is a Russian service of electronic and audio books, the largest representative of the literary market in the CIS countries, open to cooperation with absolutely any author, even beginners. By publishing your works with the help of LitRes, you become one step closer to your cherished goal: you will be recognized, your books will be bought and read by users of the service not only in Russia, but also in the CIS countries. Agree, a good start?
Let's figure out together how to publish your work on LitRes and get real money for it. First of all, you need to go to the official website of the service and create a personal account using the link https://selfpub.ru This will already be enough to publish your works, which can be downloaded in a familiar text document. The platform itself will promote your books on all online platforms with which it cooperates. Neither more nor less, these are publications with free promotion on LitRes itself, on OZON, MYBOOK and GOOGLE PLAY, and this is a good start. You also get a percentage of all sales and detailed statistics, so you can track the demand for your work.
At the moment, LitRes has already published more than 28 thousand books for free and more than 47 thousand published books for sale. It's time for you to join too!
However, before publishing your book, you need to decide under what conditions you will transfer the right to distribute your book to the platform. The choice of license occurs within the framework of choosing one of the publication packages:
Basic - the book is transferred under a non-exclusive license for paid placement (sale) on all available sites;
Unlimited - the book is transferred under the terms of an exclusive license for paid placement (sale) on all available sites.
Packages differ in the percentage of royalties (remuneration). To choose one of these packages, first verify the profile. The royalty calculation formula is extremely simple: VAT is deducted from the retail price and then the percentage of royalties is calculated according to the selected package.
For example, the price of a book in a LitRes store is 100 rubles. When placing the book, an unlimited package was selected. For each book sold, the royalty is calculated using the following formula:
ROYALTY SIZE \u003d (100 / 1.20) * 0.35 \u003d 29.17 rubles.
Royalties are paid quarterly. Royalty is calculated on the basis of a quarterly report, which is collected within 15 days after the end of the reporting quarter. The quarterly report is available in the "Statistics / Payments" section. After the report is generated, the amount available for withdrawal is displayed in the "Statistics" section, and the "Get royalties" button becomes active.
You can withdraw money if the accumulated amount exceeds 1000 rubles. The authors independently withdraw money to the card of a Russian bank in which a ruble account is opened, or to a bank account using details in any other case, including accounts in foreign banks.
You can also try to withdraw royalties to a Yandex.Money card linked to MasterCard, also with a ruble account. However, in rare cases, the payment system may not accept the Yandex.card.
To withdraw money, you need to go to the "Payouts" tab in the "Statistics" section and click on the "Receive royalties" button. Next, you will see a window in which you will need to select a withdrawal method. By default, there is a payout to a bank card, which you can use if you have a bank card issued in the territory of the Russian Federation and have a ruble account. The name and surname of the cardholder is filled in the same way as indicated on the bank card itself. If your name and surname are written in Latin, then you must also indicate in the form in the same way. After you have filled in the data and clicked "Get royalties", the money will come to the card in the near future (up to 24 hours).
Don't forget about taxes too. According to the legislation of the Russian Federation, income from professional writing is subject to taxation. Clause 6 of the License Agreement-offer states that the author pays the tax on the income of individuals on his own. To do this, once a year you need to fill out a tax return, indicating the total amount of income received from the sale of your books for the previous year. Please note: You can claim the 20% professional tax credit for royalty or literary creation fees.

That's all! As they say, everything ingenious is simple! The most important thing is to start, and if you still have questions, you can easily find the answers to them on the official website of LitRes - Samizdat.
We wish each author success and look forward to links to your works published on the platform.