Examples: Monday, today, last week, Mar 26, 3/26/04

How long after filling out your W9 can yoy cashout?

cmenendecmenende Posts: 20Member
Hello so I tried to cash out and it said I can't until fill out the w9 online which I did but I still can't cash out. How long until I can cash out?

Best Answer

Answers

  • Kimberly McDermottKimberly McDermott Posts: 74Member
    It was much faster this year...it only took about a day
  • soniapineda1996soniapineda1996 Posts: 4Member
    What does this mean though?
    Can someone please explain this to me thanks
  • UkiwiSUkiwiS San DiegoPosts: 1,495Member, Moderator

    @soniapineda1996 said:
    What does this mean though?
    Can someone please explain this to me thanks

    $600 is the IRS threshold for taxable income. Once you reach $600 for the calendar year you will have to complete a W9 before being able to cash out. Let's say you have cashed out $550 so far this year and you have $150 sitting in your account. You click on that "cash out" button and BOOM....you get prompted to enter your taxpayer info. Since 550+150 = 700, you are now over the $600 threshold!

    The bottom of this FAQ covers it and OC state that it takes 5-7 business days to process
    https://faq.ohmconnect.com/getting-rewarded/how-do-i-use-my-points

  • Alan GordenoAlan Gordeno Posts: 3Member

    I don't think it could be done in 1-2 days at all, like all tax things. I cashed out from OHM just once, although I sent them W-9 from my template: http://w9.pdffiller.com and it took a week, so be prepare to wait a little

Sign In or Register to comment.