Are my MusicMatrix earnings taxable?
The Internal Revenue Service of the US Government requires anyone being paid more than $600 by a US company to fill out a W-9 form for US citizens (W-8 form for international citizens) for tax purposes. As you near $600 in earnings, MusicMatrix will send the appropriate form to the email address listed in your profile, 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 IRS form1099 for your own reporting purposes.
