What is required and why
In order to comply with U.S. tax regulations, we are required to collect tax information from all Creators, including but not limited to:
- Legal name
- Current address
- Country of tax residence
- Tax Identification Number (TIN)
- Your U.S. Social Security Number (SSN) and/or Employer Identification number (EIN)
- Business or corporate status
- Information regarding eligibility for tax treaty benefits (if applicable)
Your relationship with Fancentro
Fancentro Creators are not classified as an employee of any of our affiliated entities.
Submitting Your Tax Forms
We will notify you when it’s time to submit your relevant tax form. Once available, follow the prompts to fill them out in the Payment Information section of your Core Settings.
For U.S. Creators
W-9: For Fancentro Creators classified as U.S. persons for U.S. Federal Tax purposes, whether filing as individuals and/or as a private business or LLC.
For Non-U.S. Creators
W-8BEN: For Fancentro Creators classified as non-U.S. persons for U.S. Federal Tax Purposes filing as individuals.
W-8BEN-E: For Fancentro Creators classified as non-U.S. persons for U.S. Federal Tax Purposes filing as a private business or LLC.
If you are unsure whether you qualify as a U.S. person for U.S. Federal Tax purposes, please consult a tax advisor or refer to the IRS website Classification of taxpayers for U.S. tax purposes | Internal Revenue Service.
Year-End Tax Documents
Types of forms (1099, 1042-S)
If you are a U.S. person who is not a corporation, a 1099 NEC will be issued if your total yearly payout is US$2,000 and above.
The 1099 documents show how much you were paid out in the prior year, as required for tax reporting.
Support and Security
Data protection
Your tax information is collected strictly to meet our legal tax compliance obligations. This information:
- Is handled confidentially
- Is processed in accordance with our privacy and data protection policies
- May be collected and processed through a trusted third-party provider
Your information may be shared with the IRS or other relevant tax authorities only where required by law or upon official request.
*Please note: We cannot provide tax, legal, or financial advice. You should consult a qualified tax or accounting professional regarding your specific circumstances.