The Taxes Tab
Use This Tab To Prepare For Tax Time!
The Taxes tab is an area where you can find the aggregated data for all of your earnings, fees, and payments to help you prepare to report your sales for your taxes!
The Month Column
The Month column will reflect the month in which the payment was processed.
For example, December earnings are not paid until January; they will be listed in the January row. This will match your PayPal-provided 1099.
The Gross Sales Column:
The Gross Sales before any fees or expenses are applied.
If you sold one deck in that month for $5, this column will show $5.
The Premier Royalties Column
If you are a Premier Publisher, you will see your royalties, including catch-up payments.
You can find more information about Premier Publisher Payments here.
The Service Fees Column
Reflects the Service Fee assessed (15% at Boom; 10% for External Sales) against the Boom Store price of the item. Fees are assessed on sale for Boom Store items and on redemption for External Sales items
The Payout Fee Column
Reflects the fee to send your payment to PayPal. For most Publishers in the United States, this fee is roughly a dollar. If you're outside of the United States, it could be more. This fee is determined by PayPal.
The Redemption Fee Column
Will show the total of redemption fees paid each month. You can find more information about Redemption Fees charged here: Selling Boom Cards On External Sites
The Payment Column
Will reflect the payment sent to you each month. Read more about Payments here: Payment Schedule
If you have any further questions, please feel free to email us at help@boomlearning.com or call us at (833) WOW-BOOM. A real human will happily help you!