Table of Contents
This article synthesizes key information from three sources about selling and monetizing on TikTok, including monetized accounts, TikTok stores and tax implications. It examines the main themes, highlights and important points for content creators and sellers on TikTok.
1: TikAccounts – Buying TikTok Monetized Accounts
- Offering Monetized Accounts: The TikAccounts website offers the sale of already monetized TikTok accounts with over 10,000 organic subscribers. These accounts are presented as a solution to bypass geographical restrictions and monetization difficulties on TikTok. Use promo code seaofdeal to get a discount on your first purchase. Quote: “MONETIZED IN TIKTOK’S CREATOR REWARDS PROGRAM WITH 10,000+ ORGANIC INTERNATIONAL FOLLOWERS”
- Promised Benefits : Key benefits include the ability to earn money from the first publication, access to monetization from any country, easy tax approval (easy cash-out), and assurance that subscribers are organic (no bots). Quote: “💰 Earn Money On Your First Post 🌎 Get Monetized From Any Country ✅ Tax Approved (Cash Out Easily) ❌ No Bots | Only Organic Followers”
- Bypassing the US Ban: The accounts are offered as a way to bypass TikTok’s ban in the US. Quote: “🇺🇸 BYPASS THE U.S. TIKTOK BAN”
- Included in purchase: Accounts are sold with a U.S. eSIM card, a comprehensive course on TikTok and access to a list of untapped niches. Quote: “→ ACTIVATED US ESIM-CARD ($50 VALUE) → FULL TIKTOK COURSE ($380 VALUE) → 30+ UNTAPPED TIKTOK NICHES”
- Customer testimonials: The site includes positive testimonials indicating that the accounts work as expected and monetize easily. Quote: “This website/supplier has allowed me to start a 5-figure business; it’s insane.”
- Warranty and Support: A free replacement guarantee is offered in the event of any problem with the account. Quote: “In case of any issues with your account, we will replace it for free, no questions asked.”
- Frequently Asked Questions: The site’s FAQs clarify that accounts can be accessed from any country, that tax documents are not required for payments, and that RPM (Revenue Per Thousand Views) varies by niche and audience. Quote: “Absolutely! One of the main benefits of our TikTok accounts is that they are accessible from any country in the entire world.” “The simple answer is no. This is a common misconception that you must submit tax documents to receive payouts.”
- Other Products: The site also offers monetized YouTube accounts and TikTok Shop accounts, as well as a list of viral niches.
2: “Can I Use My Same Tax Info for My Second Tik Tok Shop Account?” – Discussions on TikTok
- Focus on Tax: Many content creators share their experiences and questions about taxes related to income generated on TikTok Shop.
- Tax Information: Discussions show that creators can use their Social Security Number (SSN) if they are self-employed, or an EIN (Employer Identification Number) if they have a registered business. Quote: “If you don’t have an LLC or corporation, your US tax identification number is just your SSN.”
- Diversity of Situations : The videos testify to the diversity of creators’ situations, ranging from those just starting out to those who already have a business.
- Need for Professional Advice: Most creators stress the importance of consulting a tax expert (CPA) for personalized advice. Quote: “Disclaimer: I am not a tax professional, so please contact your CPA for yourself!”
- Multiple account management: The issue of using the same tax information for multiple TikTok stores comes up often, as does the distinction between creator and store accounts. Quote: “You have two options for tax info when setting up a TikTok shop.”
- Tax Verification Challenges: Some people encounter problems with TikTok’s verification of tax information, causing delays in setting up their store. Quote: “Anyone else having trouble with the tax verification?”
- Importance of setting aside taxes: The creators recommend setting aside around 30% of earnings to cover taxes. Quote: “Set aside your 30% weekly, and you’ll thank me later.”
- Tax on Free Samples: An often overlooked piece of information is that free samples received by affiliates can be considered taxable income. Quote: “Not many people know this tax tip! If you’re a new #TikTokShop affiliate, beware of the hidden costs of accepting free samples.”
- Other topics: Discussions also include 1099 forms, tax deduction opportunities, and the need to keep accounting records.
3: “How Long Does It Take for The Tax Info to Get Approved TikTok Shop” – TikTok Discussions
- Approval Times: The main theme is the time it takes for TikTok to approve tax information. Testimonials show that this can vary from a few days to several weeks. Quote: “It took me about 2 weeks to start getting approved.”
- Verification Rejection: The creators report that a verification rejection is usually notified by email within minutes. Quote: “If you get rejected for TikTok Shop verification, you will receive an email, perhaps in minutes!”
- Patience and Responsiveness: Patience is key, but the creators encourage you to publish regularly and be proactive if approval is slow.
- Payment Period : TikTok’s payment period is mentioned, with a deadline of 15 days after delivery to the customer (net 15). Quote: “So basically, 15 days after that product is delivered to the customer, you will get paid.”
- Sample management : Samples are accepted and dispatched within 1-3 days. Quote: “When they reach out to me, it takes them 1-3 days to accept and ship.”
- Diversity of situations: As in the second source, we see great diversity in creators’ situations.
- IRS: The Internal Revenue Service (IRS) begins accepting tax returns on January 27, 2025. Quote: “IRS filing season starts January 27, 2025!”
- Other Topics : Discussions also include age verification tips, order delivery times, penalty points for violating TikTok rules, and warnings about sharing personal data.
TikTok Shop monetization and tax FAQs
- Q1: Is it possible to buy an already monetized TikTok account with a large number of subscribers?
Yes, it is possible. Some services offer pre-monetized TikTok accounts, often with more than 10,000 organic subscribers. These accounts are usually already eligible for the TikTok Creator Rewards program, and can be used from any country. The advantage is that you can generate income from the very first publication, without having to develop a subscriber base yourself. What’s more, these accounts are often verified and have a guarantee in the event of a problem. For your information, Tikaccounts offers monetized tiktok accounts that offer good value for money. Try it with promo code seaofdeal
- Q2: Do I need to provide tax documents to receive payments from TikTok Shop?
No, you don’t need to submit any complex tax documents to receive payments. With the accounts offered, all you need to do is connect your personal PayPal account to cash out your earnings. However, it’s crucial to understand that income generated via TikTok Shop is considered independent contractor income, and you’re responsible for declaring these sums to the relevant tax authorities.
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- Q3: How long does it take for my tax information to be approved by TikTok Shop?
Tax information approval times vary. Some people have had their account approved within minutes, others have had to wait up to two weeks. Once you submit your tax information, TikTok may send you an email if the request is rejected. There are many reasons why tax information may not be approved: it could be a data-entry error, an inconsistency between the data and the bank account, or a failed identity check. We recommend submitting documents in PDF format. If you encounter any problems, please do not hesitate to contact TikTok customer service or consult a tax advisor.
- Q4: What type of tax information do I need to provide for my TikTok Shop account?
When setting up your TikTok Shop account, you generally have two options for tax information. The first is the personal option, where you use your name, personal bank account and social security number (SSN in the U.S.). The second option is the sole proprietor option, where you must have a business bank account and a tax identification number (EIN in the U.S.). Choose the option that best suits your situation, and make sure you enter accurate and correct information.
- Q5: How can I maximize my earnings with a TikTok Shop account?
RPM (revenue per thousand views) varies according to several factors, such as niche, audience and location. To maximize your earnings, we recommend creating content in English, targeting an older audience and in a niche with high revenue potential. Consistency in publication, interaction with other creators, engagement and content quality are the keys to success. So hard work is essential.
- Q6: Can I have several TikTok Shop accounts with the same tax information?
The possibility of using the same tax information for several TikTok Shop accounts is a frequent question, and it’s important to understand that there are rules that apply to having accounts for specific purposes. In theory, you can use the same tax information for several TikTok Shop accounts. However, it is advisable to consult a tax professional to understand the tax implications of managing multiple accounts. In addition, for better organization, you can opt for separate profiles with different purposes (personal profile, business, sales, content, etc.).
- Q7: What are the tax implications of receiving free samples via TikTok Shop?
Receiving free samples through the TikTok Shop affiliate program may have tax implications. Free samples are considered taxable income. So it’s important to track the value of these products and declare them on your tax return. Consulting a tax professional can help you manage these situations and determine whether you can deduct certain expenses related to your affiliate business.
- Q8: How long does it take to receive payments from TikTok Shop?
TikTok Shop payments follow a “net 15” payment cycle. This means that you receive your earnings approximately 15 days after delivery of the product to your customers. This delay is due to order return, exchange and cancellation times, which must be taken into account when calculating your earnings. The money from the sale is usually posted one day after the sale. Full payment takes 2-3 weeks.
Conclusion
Monetizing and selling on TikTok offers many opportunities, but comes with tax responsibilities. Creators need to be vigilant about tax requirements, whether it’s their earnings, free samples, or the management of their boutique accounts. The discussions also underline the importance of patience, perseverance, and the use of professionals for proper tax management.
I hope you find this analysis useful. Don’t hesitate to try Tikaccounts with the promo code seaofdeal to get a discount on your first purchase.