Video course payout (Royalty revenue)

Tutorac pays royalities for the video courses published on the platform. Each month you'll earn royalities based on the number of minutes the learners watch you videos. Here're everything you need to know aboput royalty revenue.

How royalty revenue works

Tutorac's video courses work on a subscription based models. Learners subscribe to a monthly membership and get unlimited access to all the video courses on the platform.

Each month, 50% of the total monthly membership revenue goes to the tutors as rotal revenue. This royalty revenue is paid to tutors based on their share in the total minutes of courses watched on the platform. So suppose, if your courses contribute 8% of the total minutes watched on the platform, you'll recieve 8% of the royalty revenue

Here is an example for you understand the calculation:

Some important considerations

• Minutes watched includes both--those watched by paying members and those in the free trial.

• Introduction video does noy ciunt as minutes watched because it's availbe to everyone as acourse preview.

• Courses offered through a free link won't be considered for any royalty revenue.

Factors that may affect royalty revenue

We try to provide the best estimates of your monthly income through the 'My Earning' dashboard. But some factors may influence the actual payment, which are as follows:

• Learner cancellation and refund rates, which may sometimes influence the mostly membership revenue and the share of the royalty revenue.

• To ensure fair and trustworthy teaching and learning environment for our tutors, fraud investigation team continually monitor for suspicious activities and accounts, which may sometimes influence the total minutes watched as well as your stats.

You also get all the tools and resources needed to kick-start and grow your online teaching business. From creating, promoting, and delivering courses to finding the right audience to seamlessly receiving payments—Tutorac streamlines it all.

Receiving live training payment

Apart from faciliting the creation and delivery of your live trainng courses, Tutorac also streamlines the payment process. This article will help you understand the process of receiving payments for live training.

Students pay and enroll in your training

To enroll in your live trining, the learners will have to pay the defines price of the training or milestone. Once the learner makes the payment, you'll be notices that the payment has been receeived.

The payments deposited to tutorac Escrow

Tutorac Escrow is a neutral holding place where the payments by the learners are securely stored. The payment is held here until you complete the obliged training service. This protects the interest of both parties: your payment is collected in advance and the learner is assured to receive the services for the payment.

Payment is transferred to you

Once you complete the decided training/milestone, the learner will be notified to release the fund from escrow and transfer it to you. Tutorac will automatically transfer the funds to you in case the learner doesn't release it

Withdraw your earnings

You'll be able to track and manage all your earnings via 'My Earnings' dashboard. From here, you can withdraw your earnings and transfer them to your bank account.

What is Tutorac Escrow?

Tutorac protects the interests of both you and the learners, ensuring a fair and trustworthy environment for a long-term partnership. One way we do it is by guaranteeing a fair exchange of payments and services through Tutorac Escrow.

Tutorac Escrow is a neutral holding place where the payments are securely stored. To enroll in your training, the learner has to make the payment defined by you. Once the learner makes the payment, it will be deposited into Tutorac Escrow and transferred to you on completion of the obliged training service. This way, both you and learners can be guaranteed a fair exchange of payment and services.

Tax Deducted at Source or TDS (India)

Tutorac operates globally, helping tutors earn and grow their online teaching business. We also follow the applicable rules and regulations required by the law of each country. In India, one such is Tax Deducted at Source or TDS of the Indian Income Tax Act.

Here's everything you need to know about Tax Deducted at Source or TDS.

What is Tax Deducted at Source or TDS?

On October 1, 2020 Government of India introduced the Tax Deducted at Source or TDS to collect tax from the very source of income. According to it, an e-commerce operator (Tutorac) facilitating the sale of goods or services is required to collect TDS from the e-commerce participant (tutor/organization) who earns income through the sale of goods or services on the platform. The collected TDS then shall be remitted to the Government of India.

For whom TDS is applicable?

TDS applies to resident individuals or HUF of India, i.e., Indian tutors and organizations.

How much is the TDS?

TDS is determined based on whether you have provided your PAN on Tutorac.

• If the tutors or organizations submit PAN on Tutorac, 1% TDS is to be withheld. (Note: This is applicable only after Tutorac verifies that the provided PAN is valid.)

• If tutors or agencies have not submitted PAN on Tutorac, 5% TDS is to be withheld.

Important note

• For TDS credit or refund-related advice, we strongly advise you to consult a trusted tax advisor.

• Tutorac does not withhold any TDS amount with itself. All the collected TDS is remitted to the Government of India as per the Income Tax Act.

From W-8BEN

The Form W-8BEN is used to identify you as a non-U.S. taxpayer and so Tutorac is not required to collect taxes from your earnings on the platform. Here's everything you need to know about submitting the Form W-8BEN as a non-U.S. person.

What is form W-8BEN?

Form W-8BEN, sometimes referred to as "certificate of foreign status," is to be submitted by foreign persons who receive income in the United States. So all the tutors on Tutorac who are non-US persons are required to submit the form W-8BEN.

Once you file your Form W-8BEN, the system will identify you as a foreign person (non-US person) and you'll be able to access your funds.

From W-9

All the Tutors who are U.S. persons are required to submit a Form W-9 on Tutorac.

Here're the steps to submit the form:

• 1Go to https://Lorem Ipsum.com/
• 2Provide us with the following information:

  • Legal Name - Your own name, or your business name if you're filing as a company entity

  • Address - Where Upwork will mail your Form 1099-K or other tax forms if necessary

  • Filing Status - Type of IRS tax filing you will use for earnings

  • Taxpayer Identification Number - TIN type and # you will use for your IRS tax filing

'My Earning' dashboard

My Earnings dashboard is where you can track and manage all your earnings on the platform. In this article, we'll help you understand the following:

• Navigating to My Earnings dashboard

• Understanding the features of the dashboard

Navigating to My Earnings dashboard

Follow these steps to access your My Earnings dashboard:

• 1Log in to your Tutorac account.
• 2Hover over your profile picture in the upper-right corner and click on My Earnings

Understanding dashboard

There are three main features of My Earnings dashboard:

• 1

  Earning summary: Here, you can review and track all your earnings. This includes earnings from your live training courses, videos course royalties, and referrals.

• 2

  Withdraw method: Here, you can select and set up the withdrawal method of your earnings. Currently, we offer withdrawal via PayPal and direct bank transfer.

• 3

  Withdrawal history: Here, you can view all your withdrawal history, withdrawal status, and even download the invoices.