Every year, Kleo Kolor will provide an IRS Form 1099 MISC (Non-employee Compensation) earnings statement to each U.S. resident who: (1) had earnings of over $600 in the previous calendar year; or (2) made purchases during the previous calendar year in excess of $5,000. Tax documents for Affiliates and Brand Partners will be available through your ewallet account.
These forms will declare the earnings for Brand Partners as independent contractors. All Brand Partners are responsible for paying local, state, and federal taxes due from all compensation earned as a Brand Partner of Kleo Kolor.
For any further questions about filing taxes, how to declare earnings or tax advise please consult your own tax accountant, tax attorney, or other tax professional.
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