Taxes: Setting Up Your Tax Info

In this guide:

• • Tax Requirements 
  • For U.S. Persons
  • For Non-US Individuals
  • For Non-US Entities

Tax Requirements

Filmhub requires that all producers submit complete and accurate tax information to comply with US tax requirements.

We require a PayPal email before you can submit your tax information. If you do not have a PayPal account, please find a guide on setting one up here. We do not support direct bank transfers at this time.

Tax information requirements differ greatly based on your tax status.

• U.S. Person
• Non U.S. Individual
• Non U.S. Entity

U.S. Person

Overview

For federal tax purposes, you are considered a U.S. person if you are:

• An individual who is a U.S. citizen or U.S. resident alien;
• A partnership, corporation, company, or association created or organized in the United States or under the laws of the United States;
• An estate (other than a foreign estate); or
• A domestic trust (as defined in Regulations section 301.7701-7).

While U.S. individuals and businesses are not subject to withholding, we still require accurate tax information on file. Because you receive your Earnings via PayPal, they are responsible for issuing your 1099. You will only receive a 1099 if your payments are over $20,000. Please find instructions here on how to download Form 1099 from PayPal, typically available after January 31st.

Submitting your tax information

To navigate to the Taxes page in the dashboard, click Taxes on the left-hand menu, or select Tax Settings the first time you visit the Transfer page.

Make sure to fill out all information exactly as it appears on your tax filings. After entering your PayPal email and full address, you will be prompted to select U.S. Person, Non U.S. Person, or Non. U.S. Entity.

You will be asked to supply information traditionally submitted via IRS forms like W-9 including:

• Your name
• Your federal tax classification
• Your federal Tax Identification umber

After submitting your tax information, you are required to certify its accuracy. Read the certification, sign the box, and click Save to complete your tax submission.  

Non U.S. Individual

Overview

For the exact definition of non U.S. Individuals, please see the IRS Instructions. Filmhub is required under US tax code IRC 1441 to 1443 (Form 1042) to properly withhold taxes from your payment calculated according to treaty rates between the US & your country. But, you can claim that withholding back from the IRS. Here’s how it works:

1. You submit your tax information
2. We withhold the legally required tax amount from your payments
3. We will send you a form 1042-s by March 15, every year. Using that form, you can file with the IRS to claim the withheld amount

Submitting your tax information

Navigate to the taxes page in your dashboard by clicking Taxes on the left-hand menu, or select Tax Settings the first time you visit the Transfer page.

After entering your PayPal email and full address, select Non. U.S. Individual

You will be asked to enter information traditionally submitted via IRS forms like W-8BEN, including:

• Name
• Country of citizenship
• Foreign Tax ID

In certain situations, additional fields may populate. Please fill out any information if it applies to you, exactly as it would appear on your tax filings. Please ask your local tax consultant, or find more information in the IRS Instructions.

After submitting your tax information, you are required to certify its accuracy. Read the certification, sign the box, and click Save to complete your tax submission.

Understanding Withholding

Filmhub withholds taxes from your payment, calculated according to treaty rates between the US & your country. For a list of treaty rates, see here. Filmhub payments fall under category IV: motion picture and television royalties.

The amount withheld depends on the country you live in.

• For example, we are legally required to withhold 5% of payments to Australia and 10% of payments to Austria.
• If no treaty is in place between the US and your country, we are required to withhold 30% tax from your payments.

Claiming your withheld amounts from the IRS

Before March 15, Filmhub will send you an IRS Form 1042-S, which includes your gross income, the tax rate applied to your payments, and the tax amount withheld.

In order to claim your withheld amounts from the IRS, you will have to file a U.S. Nonresident Alien Income Tax Return, form 1040-NR using the information from from 1042-S.

Non U.S. Entity

Overview

For the exact definition of non U.S. Entities, please see the IRS Instructions. Filmhub is required under US tax code IRC 1441 to 1443 (Form 1042) to properly withhold taxes from your payment calculated according to treaty rates between the US & your country. But, you can claim that withholding back from the IRS. Here’s how it works:

1. You submit your tax information
2. We withhold the legally required tax amount from your payments
3. We send you a Form 1042-S by March 15, every year. Using that form, you can file with the IRS to claim the withheld amount

Submitting your tax information

Navigate to the taxes page in your dashboard by clicking Taxes on the left-hand menu, or select Tax Settings the first time you visit the Transfer page.

After entering your PayPal email and full address, select Non. U.S. Entity.

You will be asked to enter information traditionally submitted via IRS forms like W-8BEN-E. We strive to make this very complex IRS form as user-friendly as possible. The most common requirements are shown below:

All shown fields are required to get paid and receive reports. Consult your tax professionals for additional guidance or the IRS Instructions.

After submitting your tax information you are required to certify the accuracy. Read the certification, sign the box and click Save to complete your tax submission.

Understanding Withholding

Filmhub withholds taxes from your payment, calculated according to treaty rates between the US & your country. For a list of treaty rates, see here. Filmhub payments fall under category IV: motion picture and television royalties.