I've seen a couple sites other than eden also want a tax number for affiliates.. I'm not too crazy about giving out my SSN and I was wondering if someone could tell me what a tax number is and why it would be important?
Tax Number questions.
The tax ID number is either your SSN or, as js250 explained, the EIN (employer identification number) given to businesses. These numbers are used by the IRS to identify you. At Eden, we require one or the other, depending on whether your account is paid to a person (SSN) or a business (EIN).
Why does Eden need this number?
Each year, EdenFantasys reports affiliate earnings to the IRS and needs to include a SSN or EIN for people who have been paid commission. Affiliates who are paid $600 or more in commission in one calendar year will be sent a 1099 for their earnings, so they can report them on their taxes. All affiliates who are paid commission, regardless of the amount, are responsible for reporting their earnings on their taxes.
Why does Eden need this number?
Each year, EdenFantasys reports affiliate earnings to the IRS and needs to include a SSN or EIN for people who have been paid commission. Affiliates who are paid $600 or more in commission in one calendar year will be sent a 1099 for their earnings, so they can report them on their taxes. All affiliates who are paid commission, regardless of the amount, are responsible for reporting their earnings on their taxes.
08/18/2011
Quote:
Thanks Kris and js250
Originally posted by
Rockin'
The tax ID number is either your SSN or, as js250 explained, the EIN (employer identification number) given to businesses. These numbers are used by the IRS to identify you. At Eden, we require one or the other, depending on whether your account is
...
The tax ID number is either your SSN or, as js250 explained, the EIN (employer identification number) given to businesses. These numbers are used by the IRS to identify you. At Eden, we require one or the other, depending on whether your account is paid to a person (SSN) or a business (EIN).
Why does Eden need this number?
Each year, EdenFantasys reports affiliate earnings to the IRS and needs to include a SSN or EIN for people who have been paid commission. Affiliates who are paid $600 or more in commission in one calendar year will be sent a 1099 for their earnings, so they can report them on their taxes. All affiliates who are paid commission, regardless of the amount, are responsible for reporting their earnings on their taxes.
Why does Eden need this number?
Each year, EdenFantasys reports affiliate earnings to the IRS and needs to include a SSN or EIN for people who have been paid commission. Affiliates who are paid $600 or more in commission in one calendar year will be sent a 1099 for their earnings, so they can report them on their taxes. All affiliates who are paid commission, regardless of the amount, are responsible for reporting their earnings on their taxes.
08/18/2011
you do have the option to forego the W-9 and just use your commissions for placing orders on EF.
if u are providing tax info to ef, if you don't have an EIN for business you can use your SSN. it is always good to also check with a tax advisor.
i am referring to US practices , i'm not sure how it works elsewhere
if u are providing tax info to ef, if you don't have an EIN for business you can use your SSN. it is always good to also check with a tax advisor.
i am referring to US practices , i'm not sure how it works elsewhere
May 19, 4:28 pm
Quote:
I have received 2 checks so far and about to receive my 3rd. i entered my info in 2011
Originally posted by
SE
you do have the option to forego the W-9 and just use your commissions for placing orders on EF.
if u are providing tax info to ef, if you don't have an EIN for business you can use your SSN. it is always good to also check with a tax ...
if u are providing tax info to ef, if you don't have an EIN for business you can use your SSN. it is always good to also check with a tax ...
you do have the option to forego the W-9 and just use your commissions for placing orders on EF.
if u are providing tax info to ef, if you don't have an EIN for business you can use your SSN. it is always good to also check with a tax advisor.
i am referring to US practices , i'm not sure how it works elsewhere
if u are providing tax info to ef, if you don't have an EIN for business you can use your SSN. it is always good to also check with a tax advisor.
i am referring to US practices , i'm not sure how it works elsewhere
May 20, 12:23 am
Total posts:
6
Unique posters: 5
Unique posters: 5