Originally posted by LMA128:
ok for 'smugmug' am i able to input prices and get money by check or paypal into my account? |
'Smugmug' doesn't really work like that. It can't if you want it too but they like for the clients to make a profit of about $500 dollars
before they cut you a check. Now you can get a check printed at anytime by emailing the company but think about it like this, If you
had to print a check for half a million people everytime someone bought a picture or two wouldn't you get tired of it? So if you sell
some that's great but you may want to just let it sit for a while because you might sell more to someone else.
If you won't then you might want to just cash out after your first payment and let them know that. They will print you a check next
time around.
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Here is what their site says:
Your profit is calculated as 85% of the difference between the price you set and 'SmugMug''s print prices. The 15% 'SmugMug' retains includes credit card payment fees, customer service, and the costs of administering the program.
Show me the money, baby!
1. Show us the paperwork.
You can start selling your prints immediately, but before we can mail out a profit check we need the appropriate paperwork.
Details for U.S. photographers.
U.S. - based photographers:
We need this tax form from you: //www.irs.gov/pub/irs-pdf/fw9.pdf
It can be filled out online and printed. Sign it and send it our way using one of the methods below. We'll email you when we receive it!
Special instructions:
Please read the instructions carefully on the W-9 form. We have tried to summarize them here, but those instructions are more complete.
1. First, you'll need to know your tax status. Are you an individual, sole-proprietor, LLC, Corporation, Partnership, or Non-proift?
2. Fill in the form according to your tax status:
*
Individual: Put your name on the first line, check the "Individual/Sole proprietor" box, and use your Social Security Number in the "TIN" section of the form.
*
Sole Proprietor or LLC-Disregarded Entity: Put your name on the first line. You may put your business name on line 2. Check either the "Limited liability company" or "Individual/Sole proprietor" box and write in a "D" for disregarded entity, where appropriate. You may use your federal EIN in the TIN section, if it's linked to your own name, but we recommend using your Social Security Number instead.
*
Corporation or LLC- Corporation: Put your corporation's name on the first line, check the "Corporation" or "Limited liability company" box and write in a "C", if needed. Use your federal EIN in the TIN section.
*
Partnership or LLC- Partnership: Put your partnership's name on the first line, exactly how it appears when you file your taxes. Check the "Partnership" or "Limited liability company" box and write in a "P", if needed. Use your federal EIN.
*
Non-profit: Put the name of the non-profit on the first line, check the "Other" box and write in: "Non-profit". Use the federal tax identification number assigned to the non-profit.
3. In the box titled List Account numbers here, please note who you'd like your checks made out to and the email address you use at 'SmugMug'.
4. Gotcha: If you change your address or 'SmugMug' nickname, you must submit a new W9 form. We are only authorized to send payments to the address on your W9 form.
A note about taxes
We are required by the government to report the amount we've paid a pro photographer for tax purposes if that amount exceeds $600 in the calendar year. If you've made at least $600 in the previous calendar year, we will send out a 1099 tax form to the address we have on file for you in January of the following year.
Getting it to us
Make sure your form is signed, then use one of the following methods:
* Fax just the signature page to 650-618-1622. Skip the other pages, and don't worry about a fax cover page.
* Snail mail it to us:
'SmugMug'
3347 Shady Spring Lane
Mountain View, CA 94040
* Scan it in and attach it to an email as a jpg or pdf file.
Details for International photographers.
International photographers:
If you can email us with the information that you meet these three criteria, we won't need a USA tax form from you:
1. You are not a citizen of the USA.
2. You do not live in the USA.
3. You do not have a business presence in the USA.
Notifying us of those circumstances clears us to mail your checks. Checks are payable in US dollars.
2. Qualify for automatic payment, or request a check.
Currently, payment is made by check according to the following schedule:
The first week of every month, pros with at least $500 in unpaid profit will be automatically issued a check. The first week of January, April, July, and October, every pro with at least $200 in unpaid profit will be also automatically issued a check. Checks are mailed on or before the 8th of the month.
If you've submitted the proper paperwork but don't have enough unpaid profit to qualify automatically, you may email showmethemoney@'smugmug'.com and ask to be included in the check printing for the following month. Please help us stay efficient by waiting, if possible, until you have at least $100 in profits due to you before requesting a check.
Example: You decide on September 1st that you'd like to get paid. You've already submitted your paperwork, and you check your Control Panel and see that you have $242 in unpaid profit. September's check printing has already started, and the minimum for automatic inclusion was $500 so your best bet is to get into October's printing. $242 is enough to qualify for automatic payment so there's no need to request a check . (October is a quarterly printing and the minimum for automatic inclusion is $200). Your check will be sent by October 8th and will include all profit you've earned up until we issue the check. (By then it could be more than $242.) On October 8th, you visit your Control Panel and see $0 of unpaid profit. Ahh yeah, money is on its way!
Note: For accounting purposes, we cannot apply pro profits towards renewal costs or our Give the Gift of 'SmugMug' feature.
Message edited by author 2009-03-04 07:27:46. |
