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Google Withholding 30% ?

Discussion in 'Payments' started by greatdeals20031, Feb 24, 2006.

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  1. #1
    Not sure what this means, but on my payment history it shows that google is withholding about 30% of my Feb earnings!!

    What is going on here??
     
    greatdeals20031, Feb 24, 2006 IP
  2. Moto

    Moto Guest

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    #2
    The withholding is for income tax.
     
    Moto, Feb 24, 2006 IP
  3. DirtyDog

    DirtyDog Well-Known Member

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    #3
    Watchu talkin bout Willis? :confused:
     
    DirtyDog, Feb 24, 2006 IP
  4. greatdeals20031

    greatdeals20031 Peon

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    #4
    Is this going to happend every time I get paid?
     
    greatdeals20031, Feb 24, 2006 IP
  5. lorien1973

    lorien1973 Notable Member

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    #5
    till you put a 1099 on file
     
    lorien1973, Feb 24, 2006 IP
  6. TommyD

    TommyD Peon

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    #6
    Now I've only ever registered as a corporation, but did you accidentally check something like you are under withholding requirements?

    If so, then you will receive paperwork at the end of the year, saying they submitted the X amount of with holdings to the IRS. Then you will use this for your tax settlements.

    IMHO of course, I've only registered as a corp.

    tom
     
    TommyD, Feb 24, 2006 IP
  7. Moto

    Moto Guest

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    #7
    This only affects US publishers. Google can withhold 30% of your Adsense earning and remit that to the IRS. They will send you some kind of statement at the end of the year so you can do your taxes.

    Non US publishers get full payment without withholding after they sign the W9 form.
     
    Moto, Feb 24, 2006 IP
  8. joeychgo

    joeychgo Notable Member

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    #8

    Taxes.. You heard of them --- GW has to get his cut too ya know. Dont remember taking himon as a partner huh.
     
    joeychgo, Feb 24, 2006 IP