Skillshare is a U.S.-based company, which means that we need to uphold certain obligations to the U.S. Internal Revenue Service (IRS) in regards to tax withholding and reporting. Payments that you receive from Skillshare for royalties or referral bonuses are considered income and as such need to be reported on your income tax return.
Tax withholding in general and the amount withheld will depend on the country in which you file taxes. The appropriate tax documentation will be gathered from you through our payment system Tipalti when you register for an account.
You will receive either a 1099 (if you are based in the U.S.) or a 1042-S form (if you are outside the U.S.) for your Skillshare teacher payments. Refer to the article How can I get a copy of my 1099 or 1042-S for tax reporting purposes? for more information.
Skillshare cannot give personal tax or legal advice. If you still have questions about taxes, please contact your legal and/or tax advisor.
If you file for taxes in the United States, there should be no change to your payments from a tax perspective as long as we have a W-9 on file for you.
Teachers Based Outside of the U.S.
If you file for taxes outside the United States, the rate of taxes withheld will vary by country, but can range from 0% (no taxes withheld) to 30% of your Skillshare income. It is important that you complete the tax form during Tipalti registration so the correct tax rate is withheld.
For more information about taxes please review NRA Withholding on the IRS website. If you still have questions about taxes, please contact your legal and/or tax advisor. Skillshare cannot give personal tax or legal advice.