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Thread: Cams.com - chargebacks & w8 form????

  1. #1
    Member mainecoon's Avatar
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    Tired Cams.com - chargebacks & w8 form????

    okay so i just got approved at cams.com...

    now i have to fill in my w8-form (cause i live in EU and pay taxes here?)
    WHERE the heck do i find that? i havn't seen it in my settings?
    and WHAT is it for? and where/how do i submit it?

    second thing is that i read about chargebacks on cams.com
    what do i get those chargebacks for and why do i get them?
    can i ever be negative in my cams.com account? if so, why and what do i have to do then?
    (pay the negative amount back??? how????)

    and how do i block my state?

    xoxo
    Last edited by mainecoon; 05-14-2012 at 01:00 PM. Reason: forgot a question!
    “If you’re havin’ girl problems, I feel bad for you son - I got 99 problems, but a bitch ain’t one.”



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    God/dess SarahTime's Avatar
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    Default Re: Cams.com - chargebacks & w8 form????

    What is it for? It's for taxes, so they can send you tax information for you to file come tax time. You must pay taxes on all of your cam earnings. Try looking for it on your payments page, there should be a link for you to fill it out before you can receive a payment.

    Yes you can get chargebacks on cams.com, I've only had a few very minor amounts but others have said they get entire pvts charged back. When I asked cams.com support about a chargeback they told me this can occur when the member calls and claims the purchases were made by someone unauthorized to use the credit card. This is probably the biggest way chargebacks occur. I'm not sure why cams.com makes us pay chargebacks since the payout percentage is very low to begin with = 29% provided you are not with a studio.

    YES you can be in the negative if you get chargebacks that are greater than your current earnings. If that happens, any work you do on the site will first go to cover the negative balance and then you will be in the positive again. I've never been negative before, but I assume you don't have to give them any money other than what earnings you build on the site while negative. And if you have a payment coming to you, it will go to cover the negative balance and then you will receive what is left.

    Block your state - click "My Account" > "Block/Unblock Members"
    xoxo ~ Sarah




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  4. #3
    Member mainecoon's Avatar
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    Default Re: Cams.com - chargebacks & w8 form????

    the problem is that i don't have to pay taxtes YET here since i didn't make 11.000€ this year in total.
    (11.00€/year are considered tax free income minimum here)
    i think i have to fill it out so they know i DO NOT pay in the US, but here in EU.
    btw: the form was NOT in the payments page /: i can change my payment options there but nothing else...
    i also didn't find it in the bio page, i looked up the FAQ, but also no answer?


    aw man, the chargebacks seem to be kinda harsh /: but i can just be charged back for pvt or also for nude/party?
    you can go up to 35%, i just saw it, but then you lose your "highlighted status"
    “If you’re havin’ girl problems, I feel bad for you son - I got 99 problems, but a bitch ain’t one.”



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    God/dess SarahTime's Avatar
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    Default Re: Cams.com - chargebacks & w8 form????

    Quote Originally Posted by mainecoon View Post
    the problem is that i don't have to pay taxtes YET here since i didn't make 11.000€ this year in total.
    (11.00€/year are considered tax free income minimum here)
    i think i have to fill it out so they know i DO NOT pay in the US, but here in EU.
    btw: the form was NOT in the payments page /: i can change my payment options there but nothing else...
    i also didn't find it in the bio page, i looked up the FAQ, but also no answer?


    aw man, the chargebacks seem to be kinda harsh /: but i can just be charged back for pvt or also for nude/party?
    you can go up to 35%, i just saw it, but then you lose your "highlighted status"
    I don't know anything about taxes outside the US. I would send support a message.

    Chargebacks can occur for any type of earning - pvt, nude, tips, etc. Anything you earn can be charged back.

    As far as the earning percentage, I guess since you are outside the US it only goes up to "35%" but for US models it goes up to "45%".

    HOWEVER... it is 35% of the NET. This means that after the credit card processing - 10% AND the marketing expenses - 25%, you get 35% of that amount. So it looks like this:

    100% - 10% - 25% = 65%. So you can make up to 35% (45% if you are in the US) OF THE 65%.

    65% x 35% = 22.75% is what you make as a non US model.

    A US model would have 65% x 45% = 29.25%

    In my experience, lowering your percentage does not make much of a difference in placement. It's best to go for the highest percentage you can.
    xoxo ~ Sarah




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    Member mainecoon's Avatar
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    Default Re: Cams.com - chargebacks & w8 form????

    i sent them a message!

    oh shittt, that really sounds bad?!
    chargeback for TIPS? i mean, wow... is there a "too late" for that for the users?
    like can they STILL charge back after, let's say two weeks or 3 months?
    phew... let's see how that works for me...


    xoxo

    thanks SO much for all the info sarah!!!!
    “If you’re havin’ girl problems, I feel bad for you son - I got 99 problems, but a bitch ain’t one.”



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    Featured Member Busygirl's Avatar
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    Default Re: Cams.com - chargebacks & w8 form????

    Don't worry they will ask themselves for that W* form to be filled out very soon and they will provide it. You will see it on your account on period earnings page sooner or later, it will say something like this: you will not get payed until you complete this form for us or something similar.
    Just keep working, everything will sort itself out.

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  11. #7
    Featured Member Busygirl's Avatar
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    Default Re: Cams.com - chargebacks & w8 form????

    Yes cams .com once charged back several months for big amounts and put performers on payment plans from the future earnings to pay the site back. All this without providing proof.

  12. #8
    Member mainecoon's Avatar
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    Default Re: Cams.com - chargebacks & w8 form????

    ...and it got sorted out! they have a live-chat-support! the guy there told me to just ignore the email.
    the chargebacks really suck, i'll work twice as hard to not get any at the beginning, i think that might hurt.
    “If you’re havin’ girl problems, I feel bad for you son - I got 99 problems, but a bitch ain’t one.”



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    Senior Member marsey's Avatar
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    Default Re: Cams.com - chargebacks & w8 form????

    Hi hun, i was also wondering how to get the w8 form ( i live in UK ) to download, so emailed them back, this is what they sent me

    Tax forms are only required if you are broadcasting from within the United States. Foreign Independent model(s) do not need to submit a tax form. You do not need to submit W-8/9 form.


    Hope this helps xxxx

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    Banned Melonie's Avatar
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    Default Re: Cams.com - chargebacks & w8 form????

    If you are a US citizen, but do not reside within the USA for a minimum of 330 days per year, and are a 'legal resident' of another country, by filling out the W8 form you are exempted from 1099 reporting to the IRS by your webcam host.

  15. #11
    Member mainecoon's Avatar
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    Default Re: Cams.com - chargebacks & w8 form????

    Quote Originally Posted by marsey View Post
    Hi hun, i was also wondering how to get the w8 form ( i live in UK ) to download, so emailed them back, this is what they sent me

    Tax forms are only required if you are broadcasting from within the United States. Foreign Independent model(s) do not need to submit a tax form. You do not need to submit W-8/9 form.




    Hope this helps xxxx
    got the same answer!!
    “If you’re havin’ girl problems, I feel bad for you son - I got 99 problems, but a bitch ain’t one.”



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    God/dess sexysusie's Avatar
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    Default Re: Cams.com - chargebacks & w8 form????

    That's interesting. I can't find this tax form anywhere either but they keep emailing asking me to send it... I too live in UK??

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