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Topics - JohnTravolski

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Has anyone received their 1099-MISC from Envato/Videohive yet? I haven't received mine yet and it also doesn't appear under the tax summaries section yet either. I made between $600 and $20,000 USD on Envato this year (both Envato Market and Envato Elements combined).

I'm a US resident, and I signed into Envato/Videohive to view my 2022 tax documents and noticed there was a "Australian Royalty Withholding Tax" for July 1, 2021 to June 30, 2022 document. I don't believe this was ever mailed to me, and it doesn't show up anywhere on the 2021 1099 form that I was sent last year.

I was completely unaware a royalty withholding existed, and I essentially completely ignored it when completing my taxes last year.

Was I supposed to complete some kind of US/Australia tax treaty document to account for this? Nothing on my 2021 1099-misc indicated any type of withholding whatsoever. All it showed was the "royalties" box.

It's also odd that it starts in the middle of the year, from mid 2021 to mid 2022. I don't really understand this.

For those in the US who also sell on Envato, how do you handle this on your tax return (Schedule C I assume, that's what I use anyway)?

General Stock Discussion / PayPal 1099Ks Incoming
« on: January 12, 2022, 14:25 »
For everyone based in the US, now that PayPal will issue us 1099Ks starting for tax year 2022, how will we handle this considering we also have 1099-MISCs reported by Shutterstock/AdobeStock/Pond5/etc? That means the income will be double reported. What is the correct way to handle this? Do we report it twice and write it off once somewhere? Only report it once? I don't want the IRS to think I'm underreporting my income when in actuality it was simply sent to them twice.

General Stock Discussion / Envato Elements?
« on: October 26, 2021, 08:07 »
I have been uploading my videos to VideoHive and selling them directly there. I recently got this email:

Hi [my name],

Your Videohive portfolio caught our attention and we think it would be a great fit on Envato Elements!

Thats why were inviting you, a valued Videohive Author, to join Envato Elements and take advantage of Triple Rewards for Video Authors on Elements.

Joining Envato Elements is an invitation-only opportunity, allowing authors like you to reach new customers and earn more from your new and existing Motion Graphics items on Videohive.

How much can I earn with Envato Elements?
To help you understand how much you could earn with Envato Elements, weve provided an estimate based on the average earnings per item for Motion Graphics on Elements.

Including Triple Rewards, you could expect to earn $ 190.00 - $ 220.00 per month, based on your portfolio of 120 Motion Graphics (on Videohive).

Triple Rewards is calculated as twice your usage fee earnings on Envato Elements customer item downloads of your Motion Graphics items, for 90 days.

Please note that this is an estimate only and may be less depending on the commercial demand of whether customers are looking for the type of items you create.

What do I need to know?
Selling Motion Graphics on Elements is an all-in deal. We will automatically transfer your Motion Graphics items from your VideoHive portfolio onto your Elements portfolio. This will happen one time for all of your existing content then on an ongoing basis for all new content you upload to VideoHive.

This sounds great! How do I get involved?
All you need to do is submit an Envato Elements application.

Once youve applied for Elements, youll need to pass an account history check and an author ID check. This provides a trusted environment for our customers and authors to conduct business, and maintain the success of our community.

Once youve been approved we will transfer your existing items from Videohive to Elements and you will triple your usage fee earnings on new and existing Motion Graphics items for 90 days from the date of publication!

Click here to check out the terms and conditions.


Team Envato

Is this worth doing? For reference I have been earning around $160 per month on average and the range they provided there isn't much higher. I'm not sure I understand any potential drawbacks of doing this.

I don't know if anybody uses the commandline features of their FTP clients, but I do. I have been using winscp to upload all my files to the various stock footage websites and now that Adobe moved to SFTP I cannot for the life of me figure out how to upload to it using command line.

Has anybody figured this out? If you use a different ftp client, I'm open to using that as well. I just need to automate it somehow.

General Stock Discussion / ..
« on: July 01, 2021, 10:10 »


I guess the threshold for getting a 1099K from PayPal will be $600 going forward, so it looks like this will start applying to me. If Shutterstock/Adobe Stock/Pond5/etc. are submitting 1099-MISCs to the IRS and PayPal submits a 1099K as well, then I'm going to have my income reported twice. Obviously I shouldn't have to pay taxes on the income twice.

How do you account for this on a schedule-C?

NFTs have proven themselves as a way for larger artists to make decent, if not significant, extra income in the past few months specifically. I realize that they may not be as relevant for stock footage, but my guess is that they still have potential. Has anybody tried creating and selling NFTs, and if so, on what platforms?

Newbie Discussion / Tax Questions (Dreamstime and Dissolve)
« on: February 12, 2021, 01:47 »
I have a few questions regarding taxes with Dreamstime and Dissolve.

I made some sales on Dreamstime in 2020 but never reached the payout threshold (only made $90). I have not received any tax form and don't see anything in my account. Will they only send you a 1099 if they actually pay out to you in a given year?

I made around $100 on Dissolve in 2020, which they paid out to me. Never got a tax form and I don't see one digitally. Emailed them but haven't heard back yet. Will they send me a 1099-MISC? Or do they only send one if I earn more than $600?

2020 was my first year earning a significant amount from selling stock. I have only ever had W2 income before then, so self-employment income is basically brand new to me. Do you guys fill out form 8995 (Qualified Business Income Deduction - Simplified Calculation) as a sole proprietor? Does stock income count as "Qualified Business Income?" If so, how do you calculate the qualified business income or (loss) (line c)?

My understanding that it would be calculated as the Net profit or loss from Schedule C minus the sum of lines 14 through 16 on Schedule 1 (deductible part of SE tax, any self-employed pretax retirement account contributions, and self-employed health insurance deductions, respectively). Does that sound right to you?

Also, as a sole proprietor, would the business name (line a) just be my name?

Newbie Discussion / 1099 Taxes based on payout or earnings?
« on: December 27, 2020, 01:51 »
Let's say I earn $100 in December 2020 on Adobe Stock but don't receive the payout for this income until 2021. Does Adobe still report this as earned income on the 1099 for 2020, or does it only report what has been paid out to me in 2020?

I'm just wondering because, for audit purposes, I have been keeping track of all payments I have received from them, not platform-specific earnings. That won't do me much good if the 1099 reports the income based on when it is put into my account versus when I actually receive the payment since they wouldn't line up.

Newbie Discussion / Provide Commercial Use License
« on: November 25, 2020, 18:16 »
I was recently contacted by a company who wants to use one of my animations as part of a documentary. We've agreed on a price but they also want something (a document I assume) which acts as a "proof of license" for them to be able to use it commercially. Since I haven't sold directly to somebody like this before this is a first for me, and I don't exactly know how to go about it.

I don't really know what the contents of the license should look like. Should it simply say that I'm giving their party the ability to use the clip commercially for project X and that's it? Just include that single statement in an PDF with my name signed? I just don't know what it should look like. Has anybody else had to do this themselves? Can you give an example of what this may look like?

Newbie Discussion / Tax Questions (US)
« on: September 27, 2020, 10:34 »
I recently learned that Envato's 1099s report income as including some of the "author fees" that they charge, and the correct way to get around that is to deduct those "author fees" as expenses on a schedule C (I think).

Does anybody know if there are other agencies that do something similar? Or is there anything else I need to watch out for? What's everything that you deduct on your schedule C?

I only started selling stock late last year (I only made $140 from Shutterstock and Adobe in 2019 so I didn't bother with a schedule C for that tax year), but now that I'm making more and I'm on more agencies I don't know what to expect for my 2020 taxes. I know it's still way early but I want to be proactive and not have any unpleasant surprises last minute.

General Stock Discussion / 3d animation upscaling?
« on: September 24, 2020, 14:33 »
Does anybody here create 3D animations? If so, do you render at the native resolution or do you upscale your frames? For me, it's much faster to render at 1080p and use the photo model of waifu2x to upscale them all (including separate passes like depth and specular), but unfortunately the quality still isn't quite as good as I'd like (it's not as good as natively rendering in 4k).

Does anybody else upscale their animation frames? If so, what software do you use?

General Stock Discussion / Payoneer Fees?
« on: July 25, 2020, 15:40 »
Does anybody receive money using Payoneer? Are there any fees associated with using them? It looks like I can get paid directly to my bank account, but it seems to be set up using Payoneer and I was wondering if there were any fees associated with using them.

I don't sell many videos, but I've sold one so far this June as a "cart sale" and the amount I received for it was $35.80, which is higher than any cart sale I've ever received in the past (they've ranged from $20 to $30. Of course, I haven't sold many videos to begin with (maybe around thirty total), so I don't really have much to compare it to, but given the circumstances I was surprised to see that it was higher (I should be in 20% tier for video, whereas in the past it was always 30%). Maybe it was some kind of extended license or something?

Anybody else had a similar experience? Or has the amount you all have received been going down as expected?

I've been using Paypal to accept payments so far but I'm considering using additional methods to accept payments (primarily to avoid the double income reporting problem). I noticed that both Pond5 and Adobe Stock accept Skrill, which I have never used and know nothing about. I noticed that on Pond5, if I choose Skrill, I get a message:

"Due to fees charged by Skrill, 4% of your payment will be deducted at each payout. Consider a Payoneer option to avoid this fee."

Which I obviously don't want. However, Adobe Stock does not present me with such a warning. I'm not sure if Skrill always charges this fee or if there's a difference between the way Adobe Stock and Pond5 have Skrill set up.

Does this fee apply to Adobe Stock as well? Does anybody use Skrill to accept payments? If so, why?

Newbie Discussion / Anyone submit to dissolve?
« on: June 08, 2020, 21:58 »
I haven't heard much about Dissolve ( Does anybody submit videos there? How are earnings relative to other sites? Any reasons to avoid them or bad experiences?

Right now, I only use Paypal to accept money from the stock footage agencies. I currently do not make enough money from stock to have to worry about reaching the 200 PayPal transactions + $20,000 to have to worry about double income reporting as of now. However, I anticipate this will change in the future as I continue to produce animations in my spare time. I don't want to have to learn the hard way, so I would like to avoid the double income reporting problem as best I can.

I noticed that some of the agencies, such as Adobe Stock, will also pay via Skrill. I have never used Skrill before and I don't know anything about it. I suspect that it's probably a good idea to diversify how I receive my payments so that way PayPal never sends anything to the IRS. I don't know if Skrill does the same thing or not after a certain number of transactions or earnings. And I think you can have some agencies deposit directly to a bank account if I recall correctly, but I'm not sure.

For those of you who earn much more money than I do, what do you do? How do you get around the double income reporting problem? Please give me as much detail as you can, I'd love to hear from you all. Thanks.

Newbie Discussion / Selling 3D Animations
« on: April 19, 2020, 19:05 »
I've been making abstract 3D animations (purely as a hobby) for about five years now, and last summer (July 2019) I became interested in submitting them to the various stock sites. Currently, I submit them to Adobe Stock, Shutterstock, Pond5, iStock, and Dreamstime. With around 320 videos I've probably earned about $1000 over these past nine months, with most of my sales on Shutterstock. I've found these types of videos tend to sell somewhat often on Shutterstock but extraordinarily rarely on the other sites. I'm not sure why.

I was wondering if there were other non-exclusive sites that some of you may have had luck with when it comes to submitting video. I know that not everyone here does 3D, but I'm just curious to hear your perspectives.

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