Will Medium store my personal information?
Medium does not store any personal information from the taxpayer forms in house.
Instead, Medium partners with Tipalti, a trusted payments partner, to collect and store any personally identifiable information from users. When you submit your taxpayer information on our page, it goes directly to Tipalti without ever entering Medium's system. Tipalti is SOC2 compliant for user data.
Once per year, Medium's finance team will generate and send 1099-MISC forms to writers who received cash earning. Throughout this process, users' personal information will still not be stored on Medium's system.
Who is Tipalti?
Tipalti is a trusted payments partner to Medium (used by a number of other companies including Amazon, Twitter, Twitch, and more). Medium has partnered with Tipalti to securely and reliably collect and store personally identifiable information from users. When you submit your taxpayer information on our page, it goes directly to Tipalti without ever entering Medium's system.
Tipalti is SOC2 compliant for user data. SOC2 stands for Service Organization Control 2, which is a certification of security and privacy. The certification signifies that Tipalti undergoes regular audits to ensure their controls related to security, processing integrity, confidentiality and privacy are up to date.
Are my earnings from Medium taxable?
Please note we are not able to give advice on how or when you should file your taxes, or to determine what is taxable. We recommend that you contact a tax professional for any questions or recommendations.
Per IRS guidelines we will provide you a 1099-MISC tax form based on earnings thresholds for each year that you earned and received payment as part of our Partner Program. While generally most 1099-MISC are considered taxable income, we can not provide you with tax guidance. If you have any questions, we recommend that you contact a tax professional.
Why was my taxpayer information rejected?
If you received an email notifying you we were not able to verify your taxpayer information, please review your submission and make the necessary correction(s).
The tax information you provided is verified through the IRS Taxpayer Identification Number (TIN) Matching Program. Please ensure you have provided your legally given name, legal company name or "Doing Business As" (if applicable), correct taxpayer ID (SSN or EIN) and complete address.
Once resubmitted you will receive an email confirmation from us stating you have submitted your taxpayer information.
Please note that it may take up to a few days for us to validate your resubmitted information. You will receive a second email notification once your new information has been validated. If, for some reason, your tax information is still not validated, we will send you an email asking you to revisit any errors.
Will I see any changes on my Partner Program dashboard once I submit my tax information?
As of now, you will not see any changes to your Partner Program dashboard. However, we have added a helpful link to your taxpayer information form from your dashboard, to enable you to easily modify your taxpayer information.
Will your "verification process" hurt my credit score?
No. The verification process is only to ensure the tax forms are issued with the correct information and has no bearing on your credit.
The tax information you provided is verified through the IRS Taxpayer Identification Number (TIN) Matching Program. This Program confirms your legally given name, legal company name not the "Doing Business As" name (if applicable), correct taxpayer ID (SSN or EIN) and complete address all match per the IRS.
What happens now that you have verified my tax information?
Once your tax information has been verified, you will receive a second email confirmation. If, for some reason, your tax information is not validated, we will send you an email asking you to revisit any errors.
Once you have generated earnings in our Partner Program, we will issue your payments per our payment schedule. Then, in January of each year in which you earned and received payment from Medium, you will receive a 1099-MISC form.
We prefer to electronically provide your tax forms, so you will receive an emailed invitation to accept the electronic format. In case you chose to not accept it electronically, we will paper mail your tax form by the IRS deadline. The IRS deadline for 1099-MISC is usually around January 31st of the new year, for the prior year tax period.
There is nothing you need to do to initiate us sending your 1099-MISC. We will submit it to you automatically, as long as you earned in the Partner Program and received the payment.