Are my Vodpov earnings taxable? Do I have to fill out any forms for tax purposes?
The IRS (Internal Revenue Service of the US Government) requires anyone being paid more than $600 by a US company to fill out a W-9 (US citizens) or a W-8 (international citizens) form for tax purposes. As you near $600 in earnings, Vodpov will send the appropriate form to your Vodpov profile email address, and you will need to fill it out and return it in order to continue to receive payments. Directions for returning the completed form will be included in the message. Once we’ve received the form we will send you a confirmation message and you will continue to be paid as usual. At the end of the year, you will receive a 1099 for your own reporting purposes (you need to declare your Vodpov earnings in your annual tax filing).
