Submitting a W-9

Visit the IRS instructions for Form W9 for complete instructions and the latest information on filing your W-9.

What is the W-9 Form?

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The purpose of collecting the W-9 form is to record your tax identification number, along with your name and address so ImagineVR can notify the IRS of the amount earned in a calendar year. 

ImagineVR requires creators to complete the W-9 form once they meet certain earnings thresholds to receive form 1099-K in a calendar year.

 

 

Do I need to submit a W-9?

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Creators who are U.S. persons, and reach one of the thresholds listed below will need to submit a W-9 form to ImagineVR.

US State	Earnings
All US States	$20k+ USD in a calendar year
Illinois	$1000+ USD in a calendar year
Maryland, Massachusetts, Vermont, Virginia	$600+ USD in a calendar year

A US person is any US citizen or US person as defined by the IRS.

 

Note: We’re unable to offer tax advice. We recommend reaching out to a local tax advisor for additional assistance and clarification.

 

U.S. law treats U.S. persons and foreign persons differently for tax purposes. Therefore, it is important to be able to distinguish between these two types of taxpayers.

 

 

United States Persons	Foreign Persons
You can review the IRS definition of the term ''United States person'' below: A citizen or resident of the United States A domestic partnership A domestic corporation Any estate other than a foreign estate Any trust if: A court within the United States is able to exercise primary supervision over the administration of the trust, and One or more United States persons have the authority to control all substantial decisions of the trust Any other person that is not a foreign person.	A foreign person includes: Nonresident alien individual Foreign corporation Foreign partnership Foreign trust A foreign estate Any other person that is not a U.S. person Generally, the U.S. branch of a foreign corporation or partnership is treated as a foreign person. Refer to Internal Revenue Code section 7701(a)(31) for the definition of a foreign estate and a foreign trust.
You’ll want to complete a W-9 form.	You’ll want to complete a W-8BEN.

Want to learn more? This information was take directly from the IRS website – follow the links below to read more:

• Foreign Persons Information
• Foreign Governments and Certain Other Foreign Organizations Information

I am a US citizen living outside of the US which tax form should I fill out?

Based on the instruction on the W-8BEN if you are a US citizen you should fill out a W-9. Your income from ImagineVR may be subject to 1099 reporting. Please review the chart in the section above that details earnings thresholds that require 1099 reporting. 

Consult with a tax professional to determine your tax responsibilities. 

How do I submit my W-9? 

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Follow the directions below: 

1. Download the latest Form W9 from IRS Page: 
2. Fill out the W-9 Form
3. Send the form to us as below

     Your form should be sent to: [e-mail] with the following information:

• Email Subject: Submitting W-9
• Your Creator Name
• Your form attached

Change of Information for Previously Submitted W-9?

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Each time you want to update your W-9, you will have to submit an entirely new form to [e-mail].

If you have additional tax questions, please feel free to contact us ([e-mail]) or reach out to a local tax professional to further assistance.