AppBind pays out of the United States and will take care of IRS filings. We require you provide your basic tax information before we pay out balances owed to you.
What do do if your tax information is “not valid”?
If your EIN is incorrect, you will get an error back like
TIN matching validation failed 0 days ago.
24% Backup Withholding will apply after 30 days
This means we must withhold 24% of your payouts and remit them for taxes.
Because your EIN is private information, AppBind can’t see or verify your EIN. We rely on a secure, trusted third-party service Trolley. This is a relatively straightforward process. For more information, you can refer to this guide:
However, you can locate your EIN on your confirmation letter from the IRS, old tax returns, old business loan applications, your business credit report, or payroll paperwork. You can also call the IRS to look up your federal tax ID number.