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Shutterstock Photographer Forum Forum Index : Tax Witholding Discussion for Foreign Submitters :
Payment threshold and taxes

 
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kingtut


Joined: 29 Oct 2006
Posts: 20

Post Posted: Mon Oct 26, 2009 7:54 am     Reply with quote

Is the payment threshold calculated based on the gross earning or after tax withhold

For example if at the end of the month my earnings is 80 USD and taxes are 10 USD will I be payed 70 USD or I have to wait for the next month?
ivanhoe


Joined: 17 Jan 2008
Posts: 171

Post Posted: Sat Nov 07, 2009 4:28 am     Reply with quote

I have the same question. It happened that I have $4,27 payment withheld in my account, and it still counts as my earnings. So, since I reached the payment at the very end of the last month (my payment is set to $100) I didn't get any email that my payment is in the process. So, maybe, I see that I reached payment of $100, but SS deducted those $4,27 from my earnings and I actually didn't reach the payment.
If so, what's happening with the withheld payment? If it counts in my earnings, it will get bigger every month, and in several months when it gets to $40-$50 I will start to reach payment every few weeks, but I will start getting less and less money as withheld money grows.
Or, if it doesn't counts in my earnings, where is shown that SS deducted it from my earnings??
Regards,
Ivan
kingtut


Joined: 29 Oct 2006
Posts: 20

Post Posted: Fri Nov 13, 2009 1:14 pm     Reply with quote

You are right, but I guess it should appear in "All time totals", but not in the current period gross earnings.
 
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