What Should Featured Artists Do on Distrokid?

Being a featured artist can be an exciting opportunity, but it also comes with specific responsibilities. For those using Distrokid for their music distribution, understanding these responsibilities is crucial. In this article, we will dive into what featured artists are supposed to do on Distrokid and why completing the Distrokid tax form accurately is essential for your music career.

Who is a Featured Artist?

A featured artist is one who collaborates with the main artist on a track. These collaborations can enhance a song's appeal and reach a broader audience. However, it's essential for featured artists to understand their roles and responsibilities, especially when it comes to music distribution through platforms like Distrokid.

Responsibilities of a Featured Artist on Distrokid

1. Understand Your Agreement

Before agreeing to be a featured artist, ensure you are clear about the terms of your agreement with the main artist. This includes understanding how royalties will be split and what your role involves. Communication is key to avoid disputes down the line.

2. Ensure Accurate Metadata

One of the critical aspects of releasing music through Distrokid is ensuring that all metadata is accurately filled out. This includes properly crediting the featured artist on each track. Accurate metadata helps in fair royalty distribution and ensures your name is correctly displayed on streaming platforms.

3. Promote the Track

As a featured artist, part of your responsibility is to help promote the track. Share it on your social media channels, engage with fans about the collaboration, and utilize platforms like TikTok, SoundOn to widen its reach. Promotion plays a significant role in the track's success.

4. Complete the Distrokid Tax Form

The final and perhaps most crucial step is completing the Distrokid tax form. As Distrokid handles royalty payments, it's mandatory for featured artists to submit their tax information accurately to ensure they receive the revenue they are entitled to.

Understanding the Distrokid Tax Form

The Distrokid tax form, also known as the W-9 or W-8BEN form depending on your country of residence, is necessary for tax reporting purposes. Here are some important points to keep in mind:

1. Gather Required Information

Before filling out the form, ensure you have all necessary information. This includes your Tax Identification Number (TIN) for US residents or a foreign tax identification number for international artists.

2. Fill Out the Form Accurately

Accuracy is crucial when completing the tax form. Any discrepancies can lead to issues with royalty payments or even tax penalties. Double-check all information before submitting to avoid any problems.

3. Stay Informed About Tax Obligations

Depending on your country's tax laws, you may need to report income earned from royalties differently. It is advisable to consult with a tax professional to understand your obligations and ensure you remain compliant.

Benefits of Accurate Tax Form Submission

Accuracy in tax form submission is not just about compliance; it also has several benefits for your music career:

1. Timely Royalty Payments

When your tax information is accurate, Distrokid can process your payments promptly. This helps in maintaining a steady cash flow, crucial for managing your music projects.

2. Avoiding Legal Issues

Submitting accurate tax forms helps you avoid legal issues related to tax evasion or misreporting. It ensures transparency and builds your credibility as a professional artist.

3. Clear Financial Records

Accurately completed tax forms help in maintaining clear financial records. This is beneficial for personal accounting and when applying for loans or grants to support your music career.

Conclusion

As a featured artist on Distrokid, understanding and fulfilling your responsibilities is essential. From ensuring accurate metadata to promoting the track and completing tax forms, each step contributes to your success in the music industry. By taking these responsibilities seriously, you can build a solid reputation and pave the way for more collaborative opportunities.

For a streamlined experience in managing your music distribution and promotion, consider joining SoundOn. SoundOn offers comprehensive marketing and distribution services that can elevate your music career to new heights.