Taxes & royalty withholding explained

When it comes to getting paid for your music, we want everything to be clear—especially when it involves taxes and royalty withholding.

Why Are Taxes Involved?

Music royalties are considered taxable income in most countries. Depending on where you live and where your music is streamed or sold, Jumpstr may be required to withhold a portion of your royalties for tax purposes.

This is especially common for international artists earning income from U.S.-based platforms like Spotify, which may require a withholding tax if no tax form is submitted.

How Does Jumpstr Handle It?

• No tax ID provided? Some platforms may deduct a standard withholding rate (usually up to 30%) before paying royalties.
• Tax ID submitted? Providing a valid TIN (Tax Identification Number) or relevant tax form in your Jumpstr profile may reduce or eliminate this withholding, depending on tax treaties between your country and the U.S.

Where to Enter Tax Info

Go to your Profile Settings and scroll to the Payment Details section. You’ll see a field labeled Tax Identification Number (TIN). It’s optional, but highly recommended if you want to minimize withholding.

Need Help?

We always recommend consulting a tax professional to understand your personal obligations. And if you have questions about how Jumpstr handles payments or forms—reach out to our support team. We’re happy to help!

Taxes might not be the fun part of being an artist—but getting paid right definitely is.