Ask questions via twitter! Message any question to @answers on twitter. We'll publish the question and send you a reply each time there's a new answer.
Next Question

Answered Question

 
M$1 April 07, 2009 08:45 PM

Announcement - W9 Policy Update

We have decided that for the first payment we send to you, there is no W9 required. In order to receive a second payment, regardless of the amount, you will need to fill out a W9 for us.

In the next 2 months or so we should be launching the ability to cash out with a gift card, which will not carry the same W9 requirement.
Interesting Question?  Yes (8)   No (0)   

Interesting: srgothard, nushka, hishaman, xds, ssharon, dumblonde, jasoncalacanis, notshocked22

RSS
 
 

Best Answer  Decided by Votes

 
April 07, 2009 04:28 PM
That's cool I like the gift card idea! Will there be a bunch of choices for stores that we can use the gift card at or will it just be a cash card?


Helpful Answer?  (0)   (0)    Tip cmdezalia for this answer
Permalink | Report
Voted as best: srgothard, pazaq, bbrookin
   Reply  
 
 
 
April 07, 2009 04:49 PM
We are going to work with some vendors (think Zappos.com) to come up with various uses for Mahalo Dollars. This *might* include things like being able to cash out at *any* time for a gift card, or even at a lower amount than M$40 (i.e. think, being able to cash out for a $20 Zappos.com card any time). Maybe some day you'll be able to buy TrueBlue points from JetBlue with Mahalo Dollars, so if you're stuck at 60 TrueBlue points you could buy 40 more and get that ticket you want with M$40.

These are all just in the idea phase right now, but I spoke with Tony of Zappos in Vegas last month and he was interested!!! :-)
It's in the words.

Report
 
 
 
April 11, 2009 01:15 AM
Something like this would really only be attractive to U.S. based members.

In most other cases, people would have to pay large shipping, brokerage, tax and other related fees.

Also, gift cards are less valuable then they were before the economic downturn was announced. This Christmas, gift card sales declined (in Canada anyway) in favor of non-expiring, no-restriction, cold hard cash.

Report
 
 

Other Answers (9)

Sort By
 
April 07, 2009 04:04 PM
So I requested my second payment last week. Am I going to get an email or something with a way to fulfill that requirement?

Helpful Answer?  (0)   (0)    Tip tracebooks for this answer
Permalink | Report
   Reply  
 
 
 
April 07, 2009 04:22 PM
Yes, I should have my list in the next couple of days and you will be notified.

Report
 
 
 
April 07, 2009 04:19 PM
What about if the Member requesting the payment is not a resident of US. Like if he is from Asia.

Helpful Answer?  (0)   (0)    Tip kevinbernard31 for this answer
Permalink | Report
   Reply  
 
 
 
April 07, 2009 04:22 PM
As W-9 form does not apply to foreign vendors, members.

Report
 
 
 
April 07, 2009 04:25 PM
They will not have to fill out a W9.

Report
 
 
 
April 07, 2009 04:33 PM
How will you confirm the member is a US resident or not as the payment goes through Paypal. You dont have any correspondence or address details of the members. How you gonna know if a mmber is US resident or not.

Report
 
 
 
April 07, 2009 04:20 PM
Interesting. I thought you had to do this already. At least W9's are super easy to fill out.

Also, a question about the gift cards. Will they be American Express/Visa or brand gift cards?

Helpful Answer?  (0)   (0)    Tip thekid for this answer
Permalink | Report
Voted as best: notshocked22
   Reply  
 
 
 
April 07, 2009 04:23 PM
I don't have any details on the gift cards yet.

Report
 
 
 
April 07, 2009 04:48 PM
Are there any plans to make Mahalo Dollars expire for active members? Like is there any reason for me to cash out quickly?

Helpful Answer?  (0)   (0)    Tip srgothard for this answer
Permalink | Report
   Reply  
 
 
 
April 07, 2009 06:07 PM
If it is practical, perhaps you could do the Amazon gift/coupon cards. I get those from time to time when I cash my small change at a change-counting machine. It must be easy to automate. And it's easy to spend too! They sell most everything including books I often use as sources.

Helpful Answer?  (0)   (0)    Tip albanian for this answer
Permalink | Report
Voted as best: morriss003, jellylala
   Reply  
 
 
 
April 07, 2009 07:20 PM
What are W9's?

Helpful Answer?  (0)   (0)    Tip princessofheartbreak for this answer
Permalink | Report
   Reply  
 
 
 
April 07, 2009 10:08 PM
A W9 is a form used by third parties to file an information with the IRS on payments made to others. It's only your name, address, and taxID number which is either your social security number or employer identification number. Either one works. These forms are never sent to the IRS, but instead are reported on a 1096 or 1099. This is why no one likes the IRS: http://en.wikipedia.org/wiki/IRS_Form_990

Report
 
 
xds xds
 
April 07, 2009 07:31 PM
I'm a predominant canadian resident and only work in the US do i need to fill out a w9 ?

Helpful Answer?  (0)   (0)    Tip xds for this answer
Permalink | Report
   Reply  
 
 
 
April 07, 2009 09:57 PM
If you are living in the U.S. then you have to fill out a W9, but if you live in Canada then you do not have to fill one out.

Report
 
 
 
April 07, 2009 10:06 PM
Why would we have to fill out a W9 in the first place? Any other Q&A sites that I've belonged to that payed for answers we could just transfer the funds to our paypal account and that was it.

Helpful Answer?  (0)   (0)    Tip smokenherb for this answer
Permalink | Report
   Reply  
 
 
 
April 08, 2009 02:33 AM
Mahalo wants to obey the law, and they optimistically think people will earn over $600 in a year. I'm in favor of obeying the law, but I'll believe the amounts when I see them. So far after 4 months or so only 7 people are on track to do so, and I think some of them are Mahalo employees anyway.

Report
 
 
 
April 08, 2009 11:31 AM
If the cutoff point is say $600 that's when a W9 should be filled out, I see no reason to give out personal information for a few bucks here and there its not worth it.

Report
 
 
xds xds
 
April 08, 2009 03:11 PM
I agree, And smokenherb (as weird as the name and avatar might be) has a point.

It's kind of a waist of time to have people filling out these forms for only a couple of bucks, i also think that for the sake of people in the US's sanity this should start kicking in when someone starts making anything over atleast 400$ respectfully.

Covering both mahalo's but AND the users.

Since all of the users are agreeing to wait for their money until they hit 40 mahalo dollars to curb abuse, mahalo should equally show some class.

Anything else would be uncivilized.

Report
 
 
 
April 11, 2009 01:19 AM
I don't work in any capacity whatsoever for Mahalo.

I do however make money online in a variety of affiliate programs, advertising revenue, etc, etc.

I can tell you that W9's are VERY (very) common.

Usually, W9's are simply part of the registration process. If you're not a U.S. citizen, you simply provide a non-US address and that's the end of that.

It's not about privacy. It's about the I.R.S.
They want to know where your income comes from. They need to track and validate it. There's no choice for you.

Take it up with your government if you think there is a problem.

Report
 
 
 
April 09, 2009 04:29 AM
I'm kinda with smokenherb on this one.
I don't feel too comfortable giving out my personal information for a few bucks.
Once your info is out there you don't know how it will or wont be protected.
I have seen what can happen to someone. As an example my father had an identity theft issue come up and he is still in the process of cleaning up the mess. So there is reason for concern.
Even with that said I think that Mahalo is a fair place and they will work on a great solution for all.
Source(s):
Just my 2 cents


Helpful Answer?  (0)   (0)    Tip 263236 for this answer
Permalink | Report
   Reply  
 
 
 
April 11, 2009 01:17 PM
There are many places (UPS Store for example) that rent mail boxes. Some of these places even provide a simple (no box) forwarding service.

So for $10 - $30 a month, you can protect your privacy.

Give everyone the P.O. box (or suite number) address. You'll have a legal address and your privacy will be safe.

Again, this strategy is VERY common when making any sort of money online.

Report
 
 

Answer this Question

How tips and payments work

This question has already been resolved. You may add an answer to it but you will not be eligible to win best answer or any associated tips.

Related Questions

No questions found.

Ask a Question


140 characters left
Top of Page
Buy Mahalo Dollars with Credit Card or PayPal

Top Members

This Week All Time
  • cfinke
    cfinke
    2nd Degree Black Belt
    26920 Points
    M$29.75 Earned
  • bunnyphuph...
    bunnyphuph...
    2nd Degree Black Belt
    21043 Points
    M$758.09 Earned
  • thisjustme
    thisjustme
    Green Belt
    1145 Points
    M$76.05 Earned
   See All
 

Most Popular Tags

mahalo(1776)
music(494)
iphone(484)
google(388)
online(354)
food(339)
beer(284)
money(283)
movies(278)
apple(259)
aotd(235)
free(229)
health(228)
video(223)
dog(212)
   See All
 

Categories

Welcome New Members


 
 
Mahalo Dollars are the currency of Mahalo Answers.

Each Mahalo Dollar costs $1.

Once you earn more than 40 Mahalo Dollars, you can request to be paid via PayPal. Each Mahalo Dollar is currently worth $0.75 when paid out via PayPal. Learn More

 
 

Please log in to use this function.