many referrals, would it affect my payment?

[Kohler]

Of course not.

[joclt22]

not 100% but from what i got of it is about the w9. getting that many referrals a week plus doing offers. w9 would have to be done alot sooner.

[nili]

not 100% but from what i got of it is about the w9. getting that many referrals a week plus doing offers. w9 would have to be done alot sooner.

i dont get what u said lol

[clint08]

w9 is part of your taxes. If you make more than $500 you have to claim taxes on the money you earn here. I think thats they mean by the w9 would have be done alot sooner.

[nili]

so... they take taxes out of my earnings?

[opuskitty]

If I were you, I'd apply for a Tax payer I.D. number form the IRS. It's free and you can get your number instantly on line. This way if you're lucky enough enough to make over $600 on referrals you'll be covered. 

[clint08]

You have to file taxes on earnings above $500 not $600.

[nili]

but what if i choose my payment through paypal?

and why would i need that number?

[clint08]

Its still monitored thru the IRS

[nili]

but they would take the tax right there in my paypal account right? so do i still need the number?

[clint08]

I am not to sure if you need the # or not. "They" who? The IRS wont take the taxes until you file in 2009.

[joclt22]

but they would take the tax right there in my paypal account right? so do i still need the number?

no they do not take any money out! you fill out the w9 to report your earnings for the year. then you will find out if you owe anything or not and if you do then you pay it at that time. they don't touch your money.. and you don't need to get a tax payer id... all you need is your ss #. unless you don't have one then you would need a tax payer id $