Quote:
Originally Posted by kencalius
I signed up as an individual for "standard developer program".
But when i go to iTunes Connect to edit "Contact Info", it asks for company contact, like:
Senior Management, Finance, Technical, Legal, Promotions.
I'm not working for a company right now. So what should i fill here? Can i fill my own name in all of fields?
And about "Tax Info". I'm an US citizen and i have the SSN, so i got Form W-9 to fill out.
At step 4 of the form, it gives 2 options:
- Exempt Payee
- Subject to Backup Withholding
Which option should i choose?
Please help. These things are new to me. 
Thanks. |
I'm not sure what's required as far as what you need to fill in for company information (although my best guess is that if you don't have anyone in those positions you can leave them blank, provided all of the contact info and general ownership info is up to date).
I can help you with your tax question. An Exempt payee is someone who is not subject to backup withholding. A person is subject to backup withholding if they are not in good standing with the IRS (unpaid taxes in prior years, or discrepancy in previous tax filings) and/or if they make a substantial income on investment dividends (such as those earned via stocks and securities), or interest (i.e., a substantial income on your bank account interest rate). Banks and investment companies are required to report all interest and dividend payments made to you. This is also called 1099 income (named for the form banks and stock/investment firms submit to the IRS reporting that income paid to you).
This means that you are an exempt payee if you are in good standing with the IRS and if you don't make a substantial income on investment dividends and/or bank interest. If you owe more than $1,000 in back taxes you are probably subject to some withholding.
