Withdrawing money earned from Facebook monetization involves a few simple steps. Here are quick answers to some common questions about the process:
What are the requirements to monetize my Facebook page?
To monetize your Facebook page and earn money, you need:
- An eligible Facebook page with at least 10,000 lifetime page likes
- A personal Facebook profile in good standing
- To be an admin on the Facebook page you want to monetize
- To meet any additional eligibility requirements for the specific monetization products you want to use
How do I enroll in Facebook monetization?
To enroll:
- Go to your Facebook page
- Click “Settings” in the top right
- Select “Monetization” from the left menu
- Click “Get Started”
- Select the monetization products you want to use and agree to the terms
- Complete any additional setup steps required for the products you picked
What methods can I use to make money from Facebook?
Some popular ways to monetize a Facebook page include:
- Facebook Ad Breaks – Earn a 55% revenue share by allowing video ads to play during your videos.
- Facebook In-Stream Ads – Monetize your Facebook Live videos with ads played during broadcasts.
- Facebook Branded Content – Get paid to post about a brand and disclose the partnership.
- Facebook Subscriber Groups – Offer exclusive content to fans for a monthly subscription fee.
- Facebook Stars – Let fans support you by purchasing digital goods during live videos.
- Advertisements – Display ad units on your page such as banner ads.
How do I get paid my earnings from Facebook monetization?
To receive your earnings from Facebook monetization:
- Go to facebook.com/creatorstudio on desktop
- Click Monetization in the left menu
- Click Withdrawals
- Enter your payment information if not added already
- Click Withdraw Funds and choose an amount to transfer to your payment method
Here is a table summarizing the key steps:
| Step | Description |
|---|---|
| 1 | Go to Creator Studio > Monetization > Withdrawals |
| 2 | Enter payment information if not added |
| 3 | Click “Withdraw Funds” and enter amount |
How often can I withdraw my earnings?
You can withdraw your Facebook monetization earnings at any time as long as you have met the $10 minimum threshold for transfers to your bank account or $5 minimum for PayPal transfers.
Minimum Earnings Thresholds
| Payment Method | Minimum Earnings for Transfer |
|---|---|
| Bank Account | $10 |
| PayPal | $5 |
There is no limit to how often you can request a withdrawal. You’ll receive your money within approximately 5-7 business days after requesting a withdrawal.
What are the fees and taxes on Facebook monetization earnings?
Facebook does not take any fees or commissions from your monetization earnings. However, you are responsible for paying any taxes owed on your income.
Taxes on Facebook Monetization
- You will receive a 1099 tax form if you earn over $600 in a calendar year.
- Income is taxed as self-employment income.
- You must file taxes if you earn over certain thresholds, which vary based on your county’s tax laws.
- Be sure to set aside a percentage of your income for estimated quarterly taxes.
Check with a tax professional to understand your specific tax obligations in your country.
Why are my earnings on hold? How do I resolve this?
There are a few reasons why Facebook may place a hold on your earnings:
Common Holds
| Type of Hold | Reason | How to Resolve |
|---|---|---|
| Identification Hold | Facebook needs to verify your identity | Submit ID verification documents |
| Policy Violation Hold | You violated Facebook’s terms or policies | Appeal policy violation decision |
| Minimum Threshold Hold | You haven’t met $10/$5 minimum | Wait until you reach the minimum |
You will receive a notification from Facebook if your earnings are on hold explaining the reason. Follow the steps in the notification to resolve the hold so your earnings can be released.
Can I transfer my Facebook monetization earnings to someone else?
No, Facebook does not allow you to transfer your monetization earnings to another person. The earnings can only be withdrawn to a payment method in your name.
If you wish to pay or compensate other people who contributed to your Facebook page using your monetization income, you would need to withdraw the money to your own account first and then pay them separately.
What happens if I delete my Facebook page?
If you delete your monetized Facebook page, here is what happens to your earnings:
- Any unpaid earnings will be canceled and cannot be withdrawn after deleting the page.
- You can still withdraw any earnings that have already reached the minimum payout threshold before deleting your page.
- Be sure to withdraw any money you want to keep before deleting your page.
Conclusion
Withdrawing earnings from Facebook monetization requires meeting the eligibility thresholds, setting up a payment method, requesting withdrawals, allowing time for processing, and managing any tax obligations. Be sure to carefully go through the steps to avoid any holds or issues accessing your income. Consistently monitor your Creator Studio dashboard to stay on top of your earnings and withdrawal status.