This article explains the historical changes to ReverbNation's U.S. tax withholding policy and where to find information about current tax deductions on your royalties.
If you receive royalty payments through ReverbNation V2, please refer to our Singapore Withholding Tax FAQs for information about Singapore tax deductions that may apply to your earnings.
What changed to U.S. withholding tax in 2022?
Following BandLab's acquisition of ReverbNation, a change to our U.S. withholding tax policy was announced effective January 1, 2022.
Under that change, music distribution royalty income covered by the policy was no longer subject to the previous U.S. withholding tax deductions when withdrawn through ReverbNation.
Previously, some users had up to 30% of qualifying royalties withheld under the earlier U.S. tax arrangement.
This change applied to the previous U.S. withholding policy. It did not establish an exemption from taxes imposed under other countries' regulations.
Does this mean I will never have withholding tax deducted?
Not necessarily.
The 2022 change related to the previous U.S. withholding tax arrangement. Other applicable tax requirements may still apply to your earnings.
For example, certain qualifying royalty payments to recipients outside Singapore may be subject to Singapore withholding tax under Singapore tax regulations.
U.S. withholding tax and Singapore withholding tax are separate tax requirements.
Read our Singapore Withholding Tax FAQs for more information.
Do I still need to submit a W-9 or W-8 tax form?
Under the previous ReverbNation Credit account system, certain withdrawals required users to submit U.S. tax documentation.
These forms included:
- W-9: Generally used by U.S. individuals and entities.
- W-8BEN: Generally used by non-U.S. individuals.
- W-8BEN-E: Generally used by non-U.S. entities.
ReverbNation V2 uses Tipalti for payout setup and processing. If tax information is needed for your current payout method, you'll be prompted to provide the required details.
Please follow the instructions shown during your current payout setup rather than relying on historical Legacy withdrawal procedures.
What about historical tax reporting?
Under the previous ReverbNation U.S. tax reporting arrangements, qualifying royalty withdrawals could be reported using forms such as 1099-MISC or 1042-S, where required.
Historical reporting requirements depended on the type of earnings, the recipient's tax status, and the applicable rules for that period.
If you need documentation relating to an earlier ReverbNation payment, please contact ReverbNation Support with the relevant account and payment information.
What if I still have earnings in my Legacy account?
Some users may still have earnings recorded in their previous ReverbNation Credit account.
These earnings may require a separate withdrawal process from payments processed through V2.
If you're unable to withdraw your remaining Legacy earnings, please contact ReverbNation Support for assistance.
For information about current payouts, see Getting Paid on ReverbNation .
Where can I find information about current tax deductions?
For Singapore withholding tax information, visit our Singapore Withholding Tax FAQs .
You can also refer to official guidance from the Inland Revenue Authority of Singapore (IRAS) and the Internal Revenue Service (IRS) .
Important
This article explains historical U.S. withholding and reporting arrangements. It should not be interpreted as a statement that all current ReverbNation royalty payments are exempt from withholding tax.
ReverbNation cannot provide individual tax advice. Please consult a qualified tax professional for guidance about your circumstances.
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