Membership
About the money
Payment dates
May 5th: Jan/Feb/March Activities
August 5th: Apr/May/June Activities
November 5th: July/Aug/Sept Activities
February 5th: Oct/Nov/Dec Activities
Payment options
Op4G currently offers Members payment by check.
No processing charges
Op4G does not charge Members any fees for processing payments. We ask members to achieve a personal earned payment amount of $20.00. Quarterly earnings below this amount roll forward to next quarter's payment cycle. Op4G Clients pay all expenses related to the market research they are conducting. Therefore, 100% of funds earned are paid to Members and their designated Non-Profits.
No earnings limits
There is no maximum amount Members can earn for themselves and/or their Non-Profit. However, due to IRS regulations, once a Member has earned $600 in annual income, Op4G cannot pay additional funds until a Social Security number has been provided by the Member. At that point, Op4G is required by law to provide a federal Form 1099 for a Member’s annual tax filing. Until a Social Security number is on file, no money greater than $600 earned by a Member can be paid and each dollar will be turned over to the Member’s currently selected Non-Profit.
Taxes
One hundred percent of the money a Member earns through Op4G activities is taxable. Money directed to be shared with Non-Profits (minimum of 25% of the money you earn) is eligible for charitable tax deductions. However, Members should consult with a tax professional to determine whether such a deduction is relevant to their individual situation.
Op4G will provide appropriate information to Non-Profits supported by each Member so the appropriate tax information can be compiled.
When total earnings from Op4G activities approach $600 in a calendar year, federal law requires that each Member provide their Social Security number so their income can be reported via IRS Form 1099. Until a Social Security number is on file, no money greater than $600 earned by a Member can be paid and each dollar will be turned over to the Member’s currently selected Non-Profit.