If you're a content creator on Patreon and live outside the United States, you've likely come across the W-8BEN form. How to fill out W-8BEN on Patreon? is a common question among international artists and creators who want to receive payments through the platform. Fortunately, the process is relatively simple once you know what information to provide. In this article, we will guide you step by step through the W-8BEN form so that you can complete it properly and continue receiving the support of your followers. Don't worry, we will be with you at all times to make the process as simple as possible!
– Step by step ➡️ How to fill out W-8BEN on Patreon?
- First, Sign in to your Patreon account.
- Then, Go to the “Edit my profile” tab in your account drop-down menu.
- Then Select “Tax Information” from the left menu.
- Then Click the link to complete the W-8BEN form.
- Full Equipe carefully and completely each section of the form. Make sure you provide correct and up-to-date information.
- Finally, Review all information before submitting the form. Once you are sure that all the data is accurate, submit the form by clicking the appropriate button.
Q&A
What is form W-8BEN?
- Form W-8BEN is a document used to certify nonresident alien status in the United States for tax purposes.
- It is used to avoid or reduce withholding taxes on certain types of income, such as payments made through platforms such as Patreon.
Why should I fill out the W-8BEN form on Patreon?
- If you are a non-US resident content creator, you need to fill out Form W-8BEN to inform Patreon that you are a non-US taxable alien.
- This will allow you to receive payments from your followers through Patreon without incurring a high withholding tax.
Where can I find the W-8BEN form?
- Form W-8BEN can be found on the official website of the Internal Revenue Service (IRS) of the United States.
- You can search for “form W-8BEN” on the IRS website and download the form in PDF format.
What information should I provide when filling out Form W-8BEN?
- You must provide your full name, address, country of tax residence, tax identification number (if applicable) and certify your tax status.
- It is important to complete the form with the correct information to avoid future complications.
How should I fill out the W-8BEN form on Patreon?
- Log in to your Patreon account and go to your creator profile section.
- Find the tax section and select the option to fill out the W-8BEN form.
- Enter the information requested in the Patreon form according to your W-8BEN form.
What happens if I don't fill out the W-8BEN form on Patreon?
- If you do not fill out the W-8BEN form, Patreon may withhold a large percentage of taxes from your payments.
- This could result in a significant decrease in your income from your followers.
Can a third party fill out Form W-8BEN for me?
- No, the W-8BEN form must be completed and signed by the beneficiary of the income themselves.
- You cannot designate a third party to file this form on your behalf.
Are there any additional requirements once I have filled out the W-8BEN form on Patreon?
- You may be required to provide additional documentation, such as proof of tax residency, depending on local regulations and Patreon policies.
- Make sure you have the necessary documentation on hand in case it is requested.
How do I know if my W-8BEN form has been accepted by Patreon?
- Patreon will notify you through your account once your W-8BEN form has been processed and accepted.
- You'll be able to see the status of your form in the tax section of your creator profile on Patreon.
Do I need to renew my W-8BEN form on Patreon from time to time?
- Yes, you must renew your W-8BEN form every three years or if your tax situation changes.
- This is to ensure that you are providing the most up-to-date information to Patreon and avoiding potential unnecessary tax withholdings.
I am Sebastián Vidal, a computer engineer passionate about technology and DIY. Furthermore, I am the creator of tecnobits.com, where I share tutorials to make technology more accessible and understandable for everyone.