# How Do Partners Get Paid?
Take the PXA course
Once your impact.com balance reaches $10USD (or equivalent), it is eligible for withdrawal to your bank or PayPal account. If you complete the steps outlined below, impact.com will attempt the payment(s) and notify you via email once the balance is cleared for withdrawal.
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**Important:** When you update your *Bank Account* details, impact.com puts a 48-hour hold on withdrawals for your safety. If impact.com finds any inaccuracies or security issues with the updated details, you'll get a [banner notification](https://help.impact.com/partner/what-would-you-like-to-learn-about/platform-features/finance/payment-requirements-explained-for-partners) explaining how to resolve the issue.
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### Step 1: Submit the necessary tax details
Tax requirements differ depending on if you are:
US-based or working with US-based brands
If you are US-based (or not US-based but work with US-based brands), an electronic tax document is required once your yearly earnings reach the IRS threshold of $2,000USD in a U.S. tax year (January 1 to December 31). impact.com cannot release payouts to you until your electronic tax document, required by IRS, has been submitted and approved. For step-by-step guidance on submitting tax forms, see:
* [Submit Your Electronic Tax Document as a Partner](https://help.impact.com/partner/what-would-you-like-to-learn-about/platform-features/finance/submit-your-electronic-tax-document)
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**Note:** Make sure the mailing address on the form is accurate and up-to-date, as this is where your 1099 tax form will be mailed at the end of the tax year. You’ll receive an email once your tax form has been received and verified.
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Non-US-based and working exclusively with non-US brands
If you're a non-US partner working exclusively with non-US brands, you're not required to submit an electronic tax document. Instead, ensure your tax details are correct:
1. From the top navigation bar, select  **\[User profile] → Settings**.
2. Under *General*, select [**Company Information**](https://app.impact.com/secure/mediapartner/accountSettings/account-info-flow.ihtml).
3. Navigate to the *Tax Information* section.
* Confirm that your *Indirect tax selection* and *Indirect tax number* are correct.
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**Keep your payment and tax details updated to avoid maintenance fees:** If impact.com is unable to pay you for 6 months, a monthly account maintenance fee will apply starting in month 7. The fee is £25 GBP per month (or your payout currency equivalent) under the [*invoicing via an impact.com entity*](https://app.gitbook.com/s/hRN1rcrim887TwHLBjac/readme/understanding-impactcoms-trading-models) invoicing method, and $10 USD (or your payout currency equivalent) under the [*direct*](https://app.gitbook.com/s/hRN1rcrim887TwHLBjac/readme/understanding-impactcoms-trading-models) invoicing method. This fee is non-refundable and is charged until either you provide valid, updated tax or payment information, or your account balance reaches 0.
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### Step 2: Verify your phone number
Verifying your phone number is a necessary security measure to allow [Two-factor Authentication](https://en.wikipedia.org/wiki/Multi-factor_authentication) .
1. From the top navigation bar, select  **\[User profile] → Edit Profile**.
2. In the *Basic Info* section, select **Enter phone number**.
3. Select your Country from the  **\[Drop-down menu]** and insert your phone number, then select **Send Code**.
4. Insert the *Verification Code* you receive by SMS.
* Your phone number will now be verified and you can continue with the setup.
* If you don't get a prompt to verify your phone number, you can skip to the bank account setup in step 3 below.
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### Step 3: Set up your bank details
1. From the top navigation bar, select  **\[User profile] → Settings**.
2. Scroll to the *Finance* section and select [**Bank Account**](https://app.impact.com/secure/mediapartner/finance/view-edit-mp-payment-setting-flow.ihtml).
3. Enter your bank account or PayPal account information, depending on your country.
* Be sure to only use English alphabet letters while filling out your bank details. Other language alphabet letters like Cyrillic, Arabic, or Chinese letters may result in your payments not being processed.
* Set your *Autopay* setting to **Pay me when my balance reaches threshold**, and select an amount.
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**Note**: If you make use of the **Balance Threshold** schedule, all payments to partners on this schedule will be processed on the following **Tuesday** or **Thursday** from the payout date.
Partners using the **Fixed Day** schedule of the **1st** or **15th** will not be affected and will continue to receive withdrawals on the first viable business day from these dates.
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impact.com's **minimum threshold** for *Autopay* is $10USD (or the equivalent in your local currency).
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4. Select **Save**.
* See [Withdraw Funds to Your Bank Account](https://help.impact.com/partner/what-would-you-like-to-learn-about/platform-features/finance/payments-withdrawals-and-balance/withdraw-funds-to-your-bank-account) for more information about the accepted input for each field.
* If your balance reaches the monetary threshold or specified date for withdrawal on a weekend or bank holiday, your withdrawal(s) will be processed on the next business day.
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