Seller Payouts on Cohart

Cohart Connect is our payout system for sellers. It allows payouts to be sent directly to your bank account through Stripe, supports multi-currency payouts, and provides faster processing times than our previous payout model.

What You Need to Get Paid

To receive payouts through Cohart, you'll need to:

1. Complete Cohart Connect
   Navigate to your Financial Accounts dashboard and complete the account linking process.
2. Connect Your Bank Account
   Your connected bank account determines your payout currency. You can connect one or multiple eligible bank accounts depending on your region and supported currencies.
   
   

If you would like Cohart to manage sales tax 

Cohart can manage and file your US sales tax for sales processed via Cohart. To learn more about how this process works, visit How Sales Tax Works on Cohart.

If you would like us to manage your sales tax, we need your W-form on file.

    3.  Submit Your Tax Form 
U.S. sellers: W-9
International sellers: W-8BEN (individual) or W-8BEN-E (business)

You can email completed forms to hello@cohart.com or request a DocuSign to complete them electronically.

How Cohart Connect Works

Once connected:

• Your connected bank account sets your payout currency
• You can link as many bank accounts as needed
• Buyers can pay in any currency
• Stripe automatically handles conversion via Cohart Connect
• Payouts are sent directly to your bank in your designated currency
• Note: You can only list prices in your linked currency (or currencies, if linking multiple accounts)

When Do I Get Paid?

Most Cohart Connect payouts arrive within 1–5 business days after the transaction is processed.

In-Person Sales (POS, Tap-to-Pay, QR Checkout, Invoices)

Payouts typically arrive within 1–5 business days after the transaction is processed.

Shipped Sales

For shipped artwork, payout timing depends on delivery confirmation.

Seller-Shipped Orders
• Artwork is shipped and tracking is provided
• Buyer has 48 hours to report issues
• If no issues are reported, payout is released
• Payout occurs approximately 14 days after delivery confirmation

What’s Included in Your Payout

Your payout includes:

• Artwork price
• Minus Cohart processing fees (2.5-8% depending on your plan)

Note for U.S. sales:
Sales tax is collected from the buyer and is not deducted from your payout.

Here are some frequently asked questions about payouts:

Can Cohart send payouts to non-U.S. bank accounts?

Yes. Cohart supports payouts to both U.S. and international bank accounts through Cohart Connect, subject to Stripe's supported countries and currencies.

Do I need to complete Cohart Connect?

Yes. As of June 2026, Cohart Connect became the standard payout method for all sellers.

This change was made to provide:
• Faster payouts
• Enhanced seller protections
• Direct bank transfers through Stripe
• Improved multi-currency support
• A more streamlined payout experience

Because funds are sent directly through Stripe, payouts no longer need to pass through Cohart before reaching the seller.

Does Cohart collect sales tax?

Yes. Cohart can collect and file applicable U.S. sales tax on eligible transactions. Learn more in How Sales Tax Works on Cohart.

Why do I still need a W-8 or W-9?

To file sales tax, Cohart is required to collect the appropriate IRS tax form based on your citizenship and business status. This form verifies whether you are a U.S. person or a international (non-U.S.) person, which determines how your payouts are treated for tax purposes.

W-9 Form — For U.S. persons

A W-9 is required for:

• U.S. citizens

• U.S. residents

• U.S.-registered businesses (LLCs, corporations, partnerships, sole proprietors)

Why we collect it: Cohart uses the W-9 to verify that you are a U.S. taxpayer so we can issue payouts to you correctly, provide you with an annual form 1099-NEC or 1099-MISC to report your earnings to the IRS, and confirm that no withholding tax should be applied.

W-8BEN / W-8BEN-E — For non-U.S. persons

If you are NOT a U.S. citizen, resident, or U.S.-registered business, you should complete a W-8 form (W-8BEN for individuals, W-8BEN-E for businesses).

Why we collect it: Foreign galleries and artists are not required to pay U.S. income tax, but the IRS requires this form on file to validate your foreign status. Completing a W-8 certifies your foreign status so:

• No U.S. income tax withholding is taken from your payout
• Cohart can legally release payment to you

Is the shipping fee deducted from my payout?

No. Shipping fees are paid separately by the buyer when applicable.

Why are payouts not instant?

Cohart uses Stripe to securely process payments. Because we operate as a platform (not a standalone card reader), funds must:

• Be received and cleared
• Pass fraud and dispute checks
• Move through the banking system

This protects you from chargebacks, fraudulent transactions, and failed payments.

Does the buyer also pay for packing?

No, as the seller, you are responsible for packing the artwork and covering any associated costs. We recommend factoring the cost of custom packaging into the final price of the artwork. You can include an itemized breakdown on the invoice, clearly noting that the price includes packaging. This ensures transparency and gives the buyer visibility into the costs.

Alternatively, you can add a rough estimate of packaging costs to the artwork’s total price and mention that it covers custom packing.