Manticore has teamed up with Tipalti, a third-party payment processor, to process payouts for eligible recipients (for example, for contest winners or creator payouts). Once you Manticore has determined that you are eligible for a payout, you will be sent an invitation to create an account with Tipalti. It can take up to seven (7) days for you to receive the Tipalti portal invitation.
You will be asked to complete and submit a tax form through Tipalti’s online portal. Please do not email your tax form or other sensitive personal information to Manticore. The individual on the Tipalti portal account should be the same one whose name and information is on the Payout Program, any tax form you submit, and any associated bank account or payment method.
Once you have completed registration for the Tipalti portal, you will not receive further invitations or be asked to re-register for future months if you are eligible for a payout during a subsequent calendar month.
Payments are calculated and remitted in U.S. Dollars by default. Tipalti offers multiple payment methods including ACH, PayPal, wire transfer, checks, etc. Some payment methods may not be available in your country of residence. You will be able to see the payment methods available to you once you sign up for a Tipalti account.
When you are selecting your payment method and currency on your Tipalti account, you will also be able to see the fees that may be deducted based on your selected payment method and for any currency conversion. You are responsible for paying relevant fees associated with your payment method and selected currency.
The information that you provide is used to ensure that all payments comply with applicable laws and regulations. Please ensure that you update your Tipalti portal information if it changes. Please note that discrepancies between your Core account and Tipalti portal information can result in processing delays or the decline of your eligibility.
See this guide from Tipalti that explains all payment method options.
For users completing a W-8BEN form when signing-up for Tipalti, please make sure to check the box indicated in red in the screenshots below (depending on your instance). Otherwise, Tipalti will direct you to the 8233 form.
We recommend that you familiarize yourself with the tax treatment of payments you receive and the fees associated with different payment methods on such transactions before you create a Tipalti account.
Your receipt of a payout may or may not have tax implications based on your tax jurisdiction (location) and the amount or nature of your payouts (for example, contest winnings versus creator payouts). The information provided below is provided for informational purposes only. It is not intended as tax advice, nor as a substitute for obtaining accounting, tax, or financial advice from a professional tax or financial planner, and may not be used to support tax positions.
While we have made every attempt to ensure that the information below is correct, Manticore is not responsible for any errors or omissions, or for the tax or other consequences arising from or attributable to the use of this information. Please consult with a tax adviser for any tax guidance.
You will be required to give Manticore and Tipalti information that is required by tax authorities in your jurisdiction (location). Tax reporting requirements may differ based on whether you are located in or outside of the United States.
According to the U.S. Internal Revenue Service (IRS) for U.S. federal tax purposes, a U.S. person includes, but is not limited to, an individual who is a U.S. citizen or "resident alien." All U.S. persons participating in a payout program are required to submit their W-9 tax form during their Tipalti account creation (after receiving their invitation from Manticore). Tipalti will check your information against a number of validation rules to verify its accuracy. If there is an issue with the information provided, Manticore will contact you by email and ask you to correct your information. Please verify that this email comes from firstname.lastname@example.org to avoid phishing and scam emails. If your payouts are greater than Six Hundred Dollars (US$600.00) in a calendar year, then Manticore will report your earnings to the IRS on IRS Form 1099-MISC, generally before January 31st of the following calendar year. We will transmit (via mail or email) your tax form to the address provided on your W-9 and the email account associated with your Tipalti account.
All non-U.S. persons participating in the Payout Program are required to submit their IRS W-8BEN (or other applicable IRS Form W-8) tax form during Tipalti account creation to confirm that they are a non-U.S. person. By signing the IRS W-8 tax form, you are certifying that you are not a U.S. person. As a non-U.S. person, you generally will not receive an annual tax form from Manticore.