Taxes will be handled differently depending on where you're located.
If you're a citizen in the U.S.
We will issue a 1099 form at the end of the year if you withdrew your money via bank wire. This form will be sent to you via mail stating all you need to report this income.
If you received your payments through PayPal or Payoneer, we won't issue a 1099 form to avoid duplication by the IRS. This is a specific request from the IRS because if we issue a 1099 form for these payments, they could be expecting double the amount of taxes since these platforms also report the payments via 1099 forms.
We suggest Pros to contact PayPal and Payoneer to understand how they work on this front. They should be able to provide you with all the necessary information for this purpose.
If you are not a U.S. citizen
If you’ll be withdrawing your funds via bank wire, we will ask you to fill out a W-8BEN or W-8BEN-e. You will only have to fill this form once you ask to receive a payment from Bunny Studio for the first time. The form will be sent via email before we process the transaction and we will only proceed with the transfer once we've confirmed the reception of said document. Keep in mind every Bunny Pro that is not a U.S. resident is required to fill in this form if withdrawing via bank wire.
For PayPal transfers this form is not necessary.
Here is the link to the PDF of the W-8BEN for your reference:
For more information about what the IRS requires, see this link: http://www.irs.gov/instructions/i1099msc/ar02.html