W9 requested but never used Bank Wire, Wise or Revolut?
Is W9 requirement only applied for the Bank wire, Wise and Revolut payout methods?
Bunny Studio said "only with those payment options, except for Payoneer, will you be prompted to fill in a Tax Form before you are able to request a withdrawal. Please keep in mind that all Tax Forms for Bank wire, Wise and Revolut users must be filled in our platform only."
If I never used Bank Wire, Wise or Revolut, does Bunny Studio still need w9 information? I have only used Payoneer for withdrawals,
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Hi there, Bianca,
How do you do?
Thanks for reaching out about this matter, and we apologize for this information not being so clear in our article.
We'll be updating the article to reflect the requirement for all Pros that are located within the U.S.!
Bunny Studio also declares payments to all Pros, and since our company is based in U.S., we must process a 1099 for all U.S. Pros. This requires a signed W-9 form from the Pro, regardless of the payment method they choose.
It's important to note that if we don't have your W-9, we are unable to emit your 1099, and therefore, since we can't complete this fiscal process, we'll have to halt all transactions and invitations in your account. This is to ensure that all payments are done safely and within regulations.
To avoid any setbacks, please send your signed W-9 to support@bunnystudio.com.
We'll also be sending you an email right away to request this document once again!
Kindest regards, and thank you for your cooperation,
Gabriela Schneider