You must get an IP PIN to file your current or prior year returns in 2015 if: 1  You received a CP01A Notice with your new IP PIN and you lost it, or. 2  You had an IP PIN in a prior tax year and you didnât receive a new one this year, or.
Royalty Payment to a Nonresident Alien. A royalty is income derived from the use of the taxpayer's property. A royalty payment must relate to the use of a valuable right. According to the IRS, tax must be withheld on the payment of royalties from sources in the United States.
The 70% royalty option is only applicable for books sold to customers in certain countries. For sales to customers outside of the 70% territories, royalties are calculated at 35%, and these transactions appear at a 35% rate in the sales report. For sales to customers in Brazil, Japan, Mexico, and India, the 70% royalty option is only available for titles enrolled in KDP Select.