i have tow codes to sell on my account , each price is 13$
i sold 11 items and i earned 68.86$ after taxes as it shown in my portfolio , but i see in my earning section that what i earned is 38.02$ !!
How is that ?
You probably didn’t provide TAX information ( w8 / w9 form ) Search the forum “tax hold” and you’d see that you’re not the only one
thanks for replaying
yes i didn’t provide it before , now i provide it … should that make my earn much more ?
If you check your history, there’s a TAX HOLD amount. You should receive that amount depends on the agreement between USA and your country.
Based on your name, I’m going to assume you’re from Egypt. Sorry if that’s not right. If you don’t submit a W8 then you get 28% withheld from all sales. If you submit a W8 without a tax ID number, then you get 30% withheld from all US sales, and 0% withheld from all non-US sales. If you submit a W8 with a valid tax ID, then you get 15% withheld from all US sales and 0% withheld from all non-US sales.
That’s if you’re from Egypt though, it will be different if you’re living somewhere else. So the amount they were withholding (should be on your statement page in orange, I think)… that will now be $0 for non-US sales, and it will be half what it was before, for US sales. If you’re from Egypt, and you’ve completed a W8 with a valid foreign tax ID number!
yeah i am from egypt and recently i submited a W8 without a tax ID number , should i do some thing else or just waiting ??
thanks for helping
You need to enter a tax number to get the reduction on US sales, but aside from that… you’ve done everything correctly.