Rootabl connects to bank accounts to withdraw money for affiliate payouts and to later deposit that money into an affiliate’s bank account.
Whether you use a personal or business bank account for these connections is up to you, but if you’re an affiliate, the type of account you connect will impact how you file your taxes:
If you connect your personal bank account to Rootabl for affiliate payouts, Rootabl will collect your Social Security Number (or other applicable individual identification if you’re outside the U.S.) and report your income as individual income.
If you connect your business bank account to Rootabl for affiliate payouts, Rootabl will collect your business’s Employer Identification Number (or other applicable business identification if you’re outside the U.S.) and report your income as business income.