As the distributor of record, FastPencil shares royalties with authors:
- 80% of the net sale goes to the author
- 20% of the net sale goes to FastPencil
From your Dashboard, find the My Royalties page which displays royalties for all active sales channels. Use drop down menus to filter which quarter to view.
*Note* Securely save Tax Information and confirm your address now to ensure quarterly Royalty Payment and yearly 1099-R receipt.
Royalties are calculated and reported 30 days after the end of each quarter. The only sales reported monthly are direct sales through FastPencil Marketplace. Royalty payments are made approximately 60 days after the close of each quarter, only for amounts greater than $25.
0 Comments