question about payment over 600's

Live forum: http://forum.freeipodguide.com/viewtopic.php?t=58110

chrome89k

28-03-2007 19:47:00

hey.. i know that when you go over 600 bux on a site you have to submit for a w9 form to get taxed...

now does this apply to just each branch individually... or a network as a whole....

if i do branch A of a site... and get 599 bux
then i do branch B of a site... am i able to get another 599 without taxes... or does that count towards my previous payments?

TFOAF

28-03-2007 19:52:44

It's per site, I believe. At least that's what all of the site owners do. If you do get $599 on College.YGF, and you get $599 on PS3.YGF, then I don't believe you have to file a W9 with them. ;)

chrome89k

28-03-2007 20:23:32

yea... i really dk ... i just requested money... and i have ot request w9.. but i dont feel safe sending out my ss# to someone on the internet.... with all the fraud and everything nowadays... but the person is saying i gotta send it in... kuz it counts for entire network

doylnea

28-03-2007 20:42:28

insert Dmorris/Doylnea post about if you want the rewards, then you have to take the risk (and by risk I mean, provide W9).

dmorris68

28-03-2007 20:49:37

[quotec90dc4a8be="doylnea"]insert Dmorris/Doylnea post about if you want the rewards, then you have to take the risk (and by risk I mean, provide W9).[/quotec90dc4a8be]
Yeah, we should have that added to our sig or something. )

[quotec90dc4a8be="TFOAF"]It's per site, I believe. At least that's what all of the site owners do. If you do get $599 on College.YGF, and you get $599 on PS3.YGF, then I don't believe you have to file a W9 with them. ;)[/quotec90dc4a8be]
No, it's per business entity, i.e. network. So $600 across all of Trainn, or Freepay, or YGF, etc. They'd have to register each site as a separate company to get around that, and none do to my knowledge (as it wouldn't make much sense).

That's why some networks require W9's now for even smaller than $600 payouts, just to have it on file in case you rack up more on their other sites.

theysayjump

28-03-2007 21:02:11

Do we really need another one of these?

http//forum.freeipodguide.com/viewtopic.php?t=57857

[quoteddc5560e2a="theysayjump"]Same entity + More than $600 in a calendar year = W9[/quoteddc5560e2a]

Eee-fucking-nuff.