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Answered

Do withheld money really go to the IRS?

Forum|Forum|4 years ago
May 27, 2021
4 replies
1040 views

Do adobestock actually transfer the withheld tax money to the IRS?

If so, why don't they supply a formal documentation (like 1042-S form or at least a formal letter)?

Emails to the tax team (adobetax@adobe.com) are ignored

Correct answer RanDembo

Update:

Today I finally received a formal letter.

It required several email remainders with red bold letters.

3 months after my original requests.

In other agencies an official 1042-S is produced automatically.

Summary:

Adobe stock treats its contributors poorly.

Poor service by the tax team.

Poor service by contributor support

No help from @MatHayward , king of Pez

A

Akiratrang

Known Participant

hi RanDembo. does your 1042-s match the gross income and tax withheld on the adobe stock website? I first sent an adobe stock tax request but haven't received a response yet.

R

RanDemboAuthorCorrect answer

Inspiring

Update:

Today I finally received a formal letter.

It required several email remainders with red bold letters.

3 months after my original requests.

In other agencies an official 1042-S is produced automatically.

Summary:

Adobe stock treats its contributors poorly.

Poor service by the tax team.

Poor service by contributor support

No help from @MatHayward , king of Pez

Jill_C

Community Expert

Could you let us know what the final response was so that, should other Stock Contributors have the same issue, the answer is on record?

Jill C., Forum Volunteer

R

RanDemboAuthor

Inspiring

No reply yet from tax team.

Few unhelpful responses from contributor support.

Withhelding taxes without document is 100% equivalent if adobe takes this money into its own pocket.

Jill_C

Community Expert

If you're a U.S. taxpayer, your W9 form, which you can access on under "Tax Information" by clicking the "Contributor Account" on the top menu specifies whether Adobe will withhold tax; and after year end you will receive a 1099 statement which indicates how much income you received as well as how much tax was withheld, if any.
Other instructions apply if you're not in the U.S.

https://contributor.stock.adobe.com/en/account/tax-third-step

I have no reason to doubt that Adobe, as a large multi-national company, remits to the IRS the taxes collected.

Jill C., Forum Volunteer

R

RanDemboAuthor

Inspiring

I am not a us tax payer.

I need to submit documentation about tax withheld as part of my tax report. Its deducted from my taxes, to avoid double tax, but I need a document.

Other agencies provide the 1042-S form automatically.

Adobe from some reason suplly a "letter", and only after special request.

But this year they do not respond. Its been over 6 weeks !

Abambo

Community Expert

If you are not a US taxpayer but living in a region that has a tax treaty with the USA, there is no tax withheld, except if the treaty says so.

Maybe you should contact contributor support on this. Need help? (stock contributor support)

ABAMBO | Hard- and Software Engineer | Photographer

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