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Ask the Tax Genius: How to Pay Taxes on Patreon Income

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LINE WEBTOON Creators Earning 0k A Month From Patreon . By Newsarama Staff December 8, 2016 10:58am ET. and Patreon, the membership platform for creators to get paid directly by their fans.You’ll be charged the full amount immediately, and then you’re kind of double-charged that same amount again on December 1. That’s bad. Patrons are surprised by it (and sometimes angry about it), and some creators feel the need to refund their patrons because of it. That’s obviously not a great, long-term solution!You pay taxes in the country you work from. Patreon is a legitimate business, so any money that disappears from their accounts has to pop up somewhere else. You'll have to report it when filling in your tax forms, because you're not an employee for a company that automatically deducts enough money for social security and taxes up front.I get a lot of questions regarding my Patreon and Paypal, thought I should answer them. I am currently running a campaign for a new PC so I can increase the quality of videos and streams that I do.At the moment, you can only add a credit card via our PayPal modal, however, if you add a bank account as a funding source for your PayPal Wallet, it will appear when you add PayPal as a new method for Patreon. If you have a bank account already listed as a funding source on your PayPal Wallet, you can select that method to pay for your memberships.Patreon powers membership businesses for creators by giving them the tools they need to acquire, manage, and energize their paying patrons. With a subscription-style payment model, fans pay their favorite creators a monthly amount of their choice in exchange for exclusive access, extra content, or a closer look into their creative journey.Patreon Billing. Patreon is a way to join your favorite creator's community and pay them for making the stuff you love! Our goal is to give creators and artists a sustainable monthly income, so Patreon is recurring funding. You’ll be billed per-month or per-creation, depending on your creators campaign, while you are actively pledging to a creator.Here is what Patreon have to say about this: Spoiler. As a part of PayPal requirements for recurring subscriptions, your PayPal account will need to have an instant funding source (such as a credit card) attached to the account. If they do not have this, then you will not be able to utilize PayPal as a funding method on Patreon.Talks about the exchange – he gives value, you might want to give value back; The Action. How do you get people off the show and to the donate page? prettylink – again! Straight to the paypal or patreon page. If they make the effort to follow the link you read out, then they're pretty well sold Do you need paypal for patreon.

How to use Patreon as a podcaster [and is it a good idea?]

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Billing Info | Patreon

At the moment, you can only add a credit card via our PayPal modal, however, if you add a bank account as a funding source for your PayPal Wallet, it will appear when you add PayPal as a new method for Patreon. If you have a bank account already listed as a funding source on your PayPal Wallet, you can select that method to pay for your memberships.You pay a percentage of your income to Patreon- 5% directly to Patreon, and another 5% or so in processing fees. Here’s the big one: the risk when you depend on a 3rd party platform for your entire livelihood is that you are at their mercy.You pay taxes in the country you work from. Patreon is a legitimate business, so any money that disappears from their accounts has to pop up somewhere else. You'll have to report it when filling in your tax forms, because you're not an employee for a company that automatically deducts enough money for social security and taxes up front.“Patreon has allowed me to grow my business and company so I can create more content, invest in my amazing team, and begin to help educate and inspire others to do what I do. 2017 will be my pivot year to begin giving back to my community and fellow creators,” said Peter.If you’re debating starting a Patreon but you’re still on the fence, here are some reasons why you should do it, and some reasons why you may want to hold off for a few. WHY YOU SHOULDN’T You shouldn’t start a Patreon if you’re trying to get rich quick. It’s not going to happen.All patreon memberships are currently on recurring monthly billing cadence. You can learn more about how creators can bill their patrons, here . For now, the best way for a patron to subscribe to a creator with a one-time payment is to become a patron then simply cancel their membership after they have been successfully billed.But how exactly does Patreon work? And how can indie authors use it to bolster their writing income? Let's take a closer look at this platform, the ways in which it can be beneficial for indie authors, and the caveats you need to keep in mind if you use it. What is Patreon and how does it work?If you have people who want to pay, and can pay, then yes. When you set up a Patreon account, there is a portion of the setup at which you will be prompted to use an online payment transfer system like Stripe or Paypal to your bank account.It said: “You can get Patreon’s foot in the door with creators [with] established followings who regularly post online. You understand our Target Creator.” “We realize not all creators yet earn a full-time wage, but many of them do,” a Patreon spokesperson told me in an email. Do you need paypal for patreon.

can't pay patreon with my paypal : patreon

Here is what Patreon have to say about this: Spoiler. As a part of PayPal requirements for recurring subscriptions, your PayPal account will need to have an instant funding source (such as a credit card) attached to the account. If they do not have this, then you will not be able to utilize PayPal as a funding method on Patreon.The Basics. If you are an international creator (non-US creator), you’ll need to complete a W-8BEN form for our records. We will not issue a 1099 form. Patreon does not withhold any taxes from your funds raised on Patreon. Please consult your tax professional to understand your tax obligations.Along with the fact there is so much content on patreon that is not Adult content that it would more then make up for any charge back or issues that would come up. There are a few adult websites that work with paypal, very few. But im sure they did something similiar that patreon did and basically went to them with lots of data and negotiations.[PATREON] patreon/AndreaLausell [PAYPAL] paypal.me/AndreaLausell -----Patreon Billing. Patreon is a way to join your favorite creator's community and pay them for making the stuff you love! Our goal is to give creators and artists a sustainable monthly income, so Patreon is recurring funding. You’ll be billed per-month or per-creation, depending on your creators campaign, while you are actively pledging to a creator.If you’re debating starting a Patreon but you’re still on the fence, here are some reasons why you should do it, and some reasons why you may want to hold off for a few. WHY YOU SHOULDN’T You shouldn’t start a Patreon if you’re trying to get rich quick. It’s not going to happen.Let's do a thorough review of Stripe vs PayPal. We'll compare each payment processor in five key categories: Transaction and service fees, Security, API, Data Portability, Customer Service . We won't declare a winner, but we'll point out some of the important differences, which should help you make a more informed decision.If your fans include people under the age of 18, then please remind them that they need permission to join your membership, and those under the age of 13 cannot use Patreon. As a creator you are also responsible for keeping patron data safe. You can see what is required in our Data Processing Agreement.Notably, content creators working under the “Not Safe For Work” (NSFW) categories on Patreon can now accept payments through PayPal via PayPal's subsidiary Braintree. This move now allows Adult Content creators on Patreon to accept payment more easily. Do you need paypal for patreon.

Can Apple get you to pay for podcasts? - The Verge

[PATREON] patreon/AndreaLausell [PAYPAL] paypal.me/AndreaLausell -----Here is what Patreon have to say about this: Spoiler. As a part of PayPal requirements for recurring subscriptions, your PayPal account will need to have an instant funding source (such as a credit card) attached to the account. If they do not have this, then you will not be able to utilize PayPal as a funding method on Patreon.Talks about the exchange – he gives value, you might want to give value back; The Action. How do you get people off the show and to the donate page? prettylink – again! Straight to the paypal or patreon page. If they make the effort to follow the link you read out, then they're pretty well soldDisclamer: I cannot recieve payments through PayPal because I am from Ukraine. I find information about Payoneer and already send my aplication form for it. But I don't understand how can I connect my payoneer card with patreon account. If you know how, or maybe know another way for getting paiments from patreon I will be very appreciate to you.If you are a creator on Patreon, Patreon will collect 5% of the pledges you receive from your supporters. There are also payment processing fees that usually range from 3–5%, depending on the size of the charge.Patreon Assembly took place in November 2019, and was an afternoon of storytelling and performances about the power of creativity. We gathered some of the biggest names in film, podcasting, art.What to Know Before Starting Patreon. Here I'm going to tell you how to get started with Patreon and make it work for you as I've made it work for me. How much I pay in taxes on a 3,800.The Basics. If you are an international creator (non-US creator), you’ll need to complete a W-8BEN form for our records. We will not issue a 1099 form. Patreon does not withhold any taxes from your funds raised on Patreon. Please consult your tax professional to understand your tax obligations.You pay a percentage of your income to Patreon- 5% directly to Patreon, and another 5% or so in processing fees. Here’s the big one: the risk when you depend on a 3rd party platform for your entire livelihood is that you are at their mercy. Do you need paypal for patreon.

How to use Patreon as a podcaster [and is it a good idea?]

The Basics. If you are an international creator (non-US creator), you’ll need to complete a W-8BEN form for our records. We will not issue a 1099 form. Patreon does not withhold any taxes from your funds raised on Patreon. Please consult your tax professional to understand your tax obligations.All you have to do is choose an amount you’d like to pay the creator, enter your payment information and wait for the content to start rolling in. One of the benefits of being a Patreon, is that you get direct access to an artist’s “stream”—where you can go to chat with them and to access content likely not available to non-patrons.What to Know Before Starting Patreon. Here I'm going to tell you how to get started with Patreon and make it work for you as I've made it work for me. How much I pay in taxes on a 3,800.If you can use places like youtube but have a link to your patreon profile then creators can earn something for what they do. Whether its a hobby or something they dedicate most of their time to.It said: “You can get Patreon’s foot in the door with creators [with] established followings who regularly post online. You understand our Target Creator.” “We realize not all creators yet earn a full-time wage, but many of them do,” a Patreon spokesperson told me in an email.How Do I Make Money with Patreon? Make sure you attend to the practical steps to making money with Patreon first: set up to get paid! As a US creator on Patreon, you have two payout options: you can be paid by Stripe direct deposit or you can be paid through PayPal.If your fans include people under the age of 18, then please remind them that they need permission to join your membership, and those under the age of 13 cannot use Patreon. As a creator you are also responsible for keeping patron data safe. You can see what is required in our Data Processing Agreement.I tried the same but no luck and i have funds on my paypal without having a credit card info attached,i can buy normally on ebay and other places that accept paypal but patreon is the only one that keeps requesting credit card info. Normally paypal funds get transfered to the other person usingHi, we’re Patreon. We believe people who make great things should get paid for the value they give to the world. On Patreon, creators get paid by their fans for making the things they’re already making (videos, songs, webcomics, anything)! For fans, this is a way to support your favorite creators for making the stuff you’re crazy about do you need paypal for patreon. Do you need paypal for patreon.

For a patreon creator, do you need a paypal business account

Your Patreon should not change the way you do business. A successful Patreon campaign can be a source of extra money—or even a significant revenue stream—but you’ll only be successful so long as your “regularly scheduled programming” stays awesome. But don’t stress out about it too much.At the moment, you can only add a credit card via our PayPal modal, however, if you add a bank account as a funding source for your PayPal Wallet, it will appear when you add PayPal as a new method for Patreon. If you have a bank account already listed as a funding source on your PayPal Wallet, you can select that method to pay for your memberships.Hey team lemondrops, team awesome, team reduce word suck, team balls deep, team living life to the fullest, team lets do this, team doing it, here is the link paypal, www.paypal.me. Do you need paypal for patreon.