2022 Tax Information with Findaway Voices
2022 Tax Information
This article contains important information regarding tax forms for 2022 with Findaway, including if and how you will receive them, as well as important dates.
1099 Tax Forms
| Authors/Rights Holders | Findaway will provide a 1099 form to Rights Holders who have accrued more than $10.00 USD in royalties paid during the year — not sales reported during the year. |
Narrators | Findaway will provide a 1099 form to Narrators who have accrued more than $600.00 USD in payments for audio productions during the year. |
1042 Tax Forms
U.S. tax law mandates that Findaway report payments to international payees on tax form 1042 distributed annually in March. International users will receive this form if eligible.
Delivery of Forms
Forms will be sent both physically via US Postal Service and digitally via email. We are utilizing Tax1099.com to distribute tax forms digitally . You will receive an email from noreply@tax1099.com.
If you would prefer the physical option, forms will be mailed to your address on your payment profile by January 31, 2023. Please allow 2-4 weeks for delivery.
Reminder: If eligible, you will receive your form both digitally via email and physically in the mail. Forms will be mailed by January 31, 2023. Please allow 2-4 weeks for delivery.
If you received two 1099s with equal amounts but different payer entities, discard the one from Spotify USA Inc. and use the one from Findaway World, LLC.
Tax form 1042 for international payees:
U.S. tax law mandates that Findaway report payments to international payees on tax form 1042 distributed annually in March.
Recipients of tax form 1042 should consult a local tax advisor for advice. Requirements may vary between tax jurisdictions with regards to reporting of income and withholding tax payments. Recipients are responsible for complying with local tax law and submitting appropriate local, state, and/or national tax filings to taxing authorities within recipient’s tax jurisdiction. Withholding tax submitted by Findaway on behalf of the recipient is reported to the U.S. taxing agency known as the IRS (Internal Revenue Service). A local tax advisor should be able to provide direction on how to account for these tax payments.
Tax form 1099 for U.S. payees:
U.S. tax law mandates that Findaway report payments to non-employee payees on tax form 1099 distributed annually at end of January.
Recipients of tax form 1099 should consult a local tax advisor for advice. Requirements may vary between tax jurisdictions with regards to reporting of income. Recipients are responsible for complying with local tax law and submitting appropriate local, state, and/or national tax filings to taxing authorities within recipient’s tax jurisdiction.
Disclaimer: Findaway and its employees do not engage in rendering legal, accounting or tax advice/services. Findaway cannot complete the IRS forms for an individual or entity. Please consult with professional accounting, tax, or legal advisers if there are any questions.
Related Articles
How does Tax Reporting work for earnings with Findaway Voices?
Every year, before January 31, our finance team will send a 1099 form for income earned (narration services for narrators or royalties earned for authors) for the prior calendar year. Findaway Voices provides 1099's where instructed by IRS ...Can I have multiple Findaway Voices accounts?
Findaway Voices generally does not support having multiple accounts with the same legal information. Please review the following frequently asked questions surrounding multiple accounts. Note: Please review the last bullet point if you fall into both ...How to Transfer Your Non-Exclusive Title to Findaway Voices
Managing ACX Distribution with Findaway Voices Want to move your book from ACX to Findaway Voices? Here’s how to make that happen! The steps below will guide you through what you should do if your book has been claimed or distributed through ACX and ...I'm a narrator, why should I work with Findaway Voices?
Here are the biggest benefits of working on Findaway Voices! Managed Productions: We'll recommend you whenever we think you'd be a great match for an author's book. The casting lists we send to authors usually recommend 5–10 narrators. This means ...Why should I sell/distribute my audiobook with Findaway Voices?
Findaway Voices partners with leading audiobook sellers to help your book reach a world of listeners. We believe in an open audiobook market where authors choose where to sell their audiobooks and at what price to sell them. Our distribution network ...