When Do I Get Paid From My Art Gallery Sales?

In a previous post we talked about how to see and track your art gallery sales, which is an important part of monitoring your art gallery. However, this particular blog post is focused around the important question “now that I’ve sold some of my artwork, when do I get paid?”

One quick note about royalties: You determine the amount of the royalty, which is a set dollar amount per image that is reproduced. We do not take a cut of the royalty; however, no royalties are paid on returned prints. We have a 30 day return policy.

On average, payments will be issued 45 days from the date of order. This is because we wait for the 30 day return period to expire before sending out the checks. Once you make your first sale, we will require you to fill out a W9 IRS form. The address that is listed on this form will be the address where we will send your royalty check. We can not write a check until we receive your completed W9 form. In addition, every January you will be mailed a 1099 form for royalty payments made of over 10 dollars.

Keep in mind, if you ever have a change of address, be sure to contact us right away so we can send you a new W9 form.


See our other articles about the art gallery:
Setting Up Your Private Art Gallery
How Do I See My Sales in the Art Gallery?

The American Frame Art Gallery, Part 1
Setting Up Your Art Gallery - Part 2
Creating Art Gallery Buzz & Tracking Sales, Part 3

AubreyK | 2/27/2014 9:42:30 AM | 4 comments
Comments
American Frame
Thanks Jill,

Glad you found it helpful!
10/28/2014 9:20:19 AM

jill
Great article. Thanks for the info, it’s easy to understand. BTW, if anyone needs to fill out a W9 IRS form, I found a blank form here http://goo.gl/kOX7SU. This site also has some tutorials on how to fill it out and a various blank forms in case you need to fill out one.
10/28/2014 8:35:39 AM

American Frame
Cristian,

We will look into that for you!
7/18/2014 11:58:36 AM

Cristian Rosoi
What about people outside the US? I have other forms in my country. Thank you!
7/17/2014 12:25:46 PM