Taxes and SubscribeStar.com

Updated: November 22, 2023 10:01 am

W-9, W-8BEN and W-8BEN-E

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To comply with the US Internal Revenue Service rules governing information reporting and tax withholding on certain income received, SubscribeStar is required by law to obtain tax information forms from you. 

SubscribeStar requires all Content Providers (i.e., Stars) who meet certain earnings thresholds to complete the W-9 form to generate a 1099-K.

Please follow the instructions below to determine the appropriate form to complete:

1. If you are a US entity or US citizen, or a US resident, please complete and submit Form W-9.
2. If you are an individual (not a legal entity), and not a resident of the United States, please complete and submit Form W-8BEN.
3. If you are a non-US legal entity, please complete and submit Form W-8BEN-E.

We only use your tax information for required US governmental reporting purposes.

It is critical to understand that if you are a non-US resident with no tax obligations in the US, we’ll need to have an appropriate tax form submitted by you anyway, just as evidence that you are not subject to any deductions.

Completed forms (i.e., W-9, W-8BEN, W-8BEN-E) should be submitted via a dedicated section of the “Payouts” page of your account.

If you have multiple accounts or profiles on SubscribeStar that use the same tax TIN (SSN or EIN), each account must submit its own W-9, W-8BEN, or W-8BEN-E form.

Note: we will pause all payouts until a completed tax form has been received and verified.

1099-K

The W-9, W-8BEN, and W-8BEN-E forms are collected to generate a 1099-K form - a Payment Card and Third-Party Network Transactions report, an IRS information return used to report certain payment transactions to improve voluntary tax compliance.

You, as a Content Provider, will only receive a Form 1099-K from this Platform if you are considered as a tax resident of the United State and if and when your earnings on this Platform exceed the threshold established by the federal and by the state government for funds collected and number of transactions.

If the above is not applicable, you will not receive a Form 1099-K from SubscribeStar.

If you have multiple accounts or profiles on SubscribeStar that use the same tax TIN (SSN or EIN), you’ll receive one 1099-K form totaling up your earnings from all profiles associated with this tax identification number.

Detailed instructions for each form can be found on the official IRS website.