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Agency Based Discussion => Canva => Topic started by: jefftakespics2 on November 01, 2019, 12:49

Title: Withholding Tax from Canva - How to get it back??
Post by: jefftakespics2 on November 01, 2019, 12:49
Has anyone figured out how to get the tax back that Canva withheld? For the first time I actually received a statement from Canva showing the tax withheld. I've searched a bit on the internet but cannot find a clear answer. Anyone had any luck with this?  Thnx.
Title: Re: Withholding Tax from Canva - How to get it back??
Post by: Sean Locke Photography on November 01, 2019, 12:55
https://www.irs.gov/individuals/international-taxpayers/foreign-tax-credit-how-to-figure-the-credit (https://www.irs.gov/individuals/international-taxpayers/foreign-tax-credit-how-to-figure-the-credit)
Title: Re: Withholding Tax from Canva - How to get it back??
Post by: jefftakespics2 on November 01, 2019, 14:47
Got it .. so you apply against your native country taxes. I assumed it was something I had to petition the Aussie government for. I'm in Canada but I imagine it's similar to the US. Frankly, for the couple hundred involved I will probably pass on it. I get enough grief on my taxes without throwing something new into the mix and possibly triggering an expensive audit. 
Title: Re: Withholding Tax from Canva - How to get it back??
Post by: Sean Locke Photography on November 01, 2019, 15:04
Under $600 is easy.  It's when you go over it's a PITA.
Title: Re: Withholding Tax from Canva - How to get it back??
Post by: cascoly on November 01, 2019, 15:12
For US, using canva's 1099, list the amount under 'taxes withheld'  - if that amt is more than the taxes you owe(!), either roll it over, or request a refund from IRS