Hey everyone,
It’s coming up on it’s been a year since Envato’s launched our US subsidiary company and the W form submission process was introduced to the Envato ecosystem.
Shortly, Envato is going to be mailing two types of forms to our authors; a 1099 form for US authors and a 1042 form for non-US authors. These forms contain summaries of your income from US buyers and the amount of tax we withheld and paid to the IRS on your behalf.
For US authors, your 1099 form will be sent no later than the 31st of January 2017.
For non-US authors, your 1042 form will be sent no later than the 15th of March 2017
These forms will be mailed to the address you’ve provided in the W forms you’ve submitted, with that in mind, we strongly recommend double checking that the address you’ve provided in your W form is your correct mailing address.
There’s an easy way to do this, simply take a quick look at your billing address listed in the personal information section of your Envato settings. If this address is correct, then you’re all set and sorted for receiving your form. If the address is incorrect, you’ll need to re-submit your W form with a correct one if you wish to receive the form.
Edit: On the back of author requests, in addition to the mailed form we will also be giving authors the option to access their tax summaries via a digital portal (further details to come). Note however that due to legal requirements forms will still be distributed through mail. Because of this, Authors will still need to ensure their billing details are correct for the mail distribution of the hard copy form.
Edit: Digital downloads for tax forms have arrived! To access the digital copy of your tax summary simply:
- Log into your Envato account.
- Click on your Username in the top right-hand corner, then click Settings.
- Select Tax Summaries on the navigation panel
- It’s there!
If you have any questions, please don’t hesitate to contact the team at taxinfo@envato.com
For more information regarding W forms for US authors and non-US authors as well as general information on tax and compliance at Envato, we recommend checking out our help center.
Note: In the email to authors we noted “it’s been a year since Envato became a US entity” this isn’t correct. Envato is still Australian, we’ve simply added a US subsidiary.