How do American resident authors split their withdrawals in collaborations with other nations authors without afecting their taxes? Some examples from experienced author would be awesome.
- Most Wanted Bounty Winner
- Sold between 250 000 and 1 000 000 dollars
- Has been a member for 6-7 years
- Repeatedly Helped protect Envato Marketplaces against copyright violations
- Won a Competition
- Bought between 100 and 499 items
- Exclusive Author
- Referred between 500 and 999 users
You make a withdrawal request directly from the dashboard, letting Envato send the money to your partner via the desired channel. As you say, you don’t have to receive all money yourself, then complicate things by sending the proper payment to your partner, involving more commissions, taxes, etc.. Just send them money from Envato and you’re ok.
Thanks a lot for your reply. I still have a doubt:
if you can only withdraw your earnings once a month, how do yo do to make it twice? follow me? maybe I am missing something tho, i’m new here ... I’d really apreciated a clarifiying answer
Yes you can only withdraw money once a month, but you can have as many separate withdrawals as you want.
So lets say you have $1000 at the end of the month and you want to split that in half, you first request a $500 withdrawal to your account (paypal, skrill etc.) and then again to your partner account.