it is required BY THE US GOVERNMENT! If clickbank paid you more than a certain amount, and didn't file it with the IRS, they have to consider it PROFIT, and must pay taxes. To file it with the IRS for a US citizen, it needs a taxid number. That generally means either an SSN or an EIN.
How do I find my tax ID?
Find a previously filed tax return for your existing entity (if you have filed a return) for which you have your lost or misplaced EIN. Your previously filed return should be notated with your EIN. Ask the IRS to search for your EIN by calling the Business & Specialty Tax Line at 800-829-4933.21 באפר׳ 2021
Do you need tax ID number for affiliate marketing?
You don't absolutely need an EIN to do affiliate marketing.
Do you need SSN for ClickBank?
Affiliates that earn over $600 are required to have a taxpayer identification number. This number can be your personal social security number (SSN) but we encourage affiliates to obtain an employer identification number (EIN) from the Internal Revenue Service (IRS).29 בנוב׳ 2021
Do I have to pay taxes on ClickBank?
Clickbank does not look into or assist with taxes. They pay you what you earn without any deductions, except fees incurred to transfer your funds. It is your own responsibility to declare your income fortax purposes.
How do I do taxes on ClickBank?
Standard taxes are added to the total cost of a product before ClickBank's portion is calculated, but VAT is added after ClickBank's portion is calculated. For example, if a product sells for $100, and a sales tax of 10% is applied, the total price is $110, and the ClickBank portion is (. 075 * $110) + $1 = $9.25.7 באוק׳ 2021