How much do I actually earn?


#1

Hello everyone,
I am new to selling on Videohive and wanted to ask for one simple question
How much do I actually make out of these 3?
http://puu.sh/pNRjh/9787100dc2.png
English is not my first language and I am very new to fees and taxes
so I would just like to know which of these is the money I actually make
and how I can make more out of it?
Thanks in regards


#2

$26.2, under Your Balance is what you earn.
Make sure you have submitted your TAX info


#3

You do not have submitted your Belgian taxpayer information to Envato. Envato treat you now as an US author without any taxpayer infos = 28% US Backup Withholding Tax on all your sales

read: Tax Information & Form W-8 Requirements for non US Authors

Item on Videohive: $19.00
Buyer Fee Videohive: 20%

$19.00 * 20.00% = $3.80 buyer fee
$19.00 - $3.80 = $15.20 gross income
$15.20 * 28.00% = $4.26 us backup witholding tax
$15.20 * 37.50% = $5.70 author fee
$15.20 - $4.26 - $5.70 = $5.24 net income
$5.24 * 5 sales = $26.20 balance

Belgium has a tax treaty of 0% with the USA, if you give Envato your taxpayer infos you don’t have to pay US tax at all for further sales