As you build your downline and start receiving Profit Share, you might need to make changes to the bank account or account holder name, where you receive these funds. You might also start an LLC and want to start receiving profit share under that alternative tax ID.
| When you make changes to this information, ensure you reach out to your Market Center Administrator (MCA) of your Market Center, they might need to sync these changes with our system of record. |
To make changes to your Profit Share bank account information, in Command:
1. Log in to https://agent.kw.com with your KW login credentials.
2. Click Your Name, at the top right of the page, then select My Profile.
3. On the left side of the page, click to access the My KW section.
4. In the Profit Share Bank Account section, you have the option to make edits to how you receive profit share distributions. Click Change Bank Account to change the account the funds are distributed to, click Edit Name to edit your name associated with the account, and you have the option to add an Alternative 1099 Tax ID for the purpose of having your profit share funds paid out to your incorporated entity, instead of to you personally, for 1099 tax purposes.
| For Canadian associates editing the Routing Number: please enter your branch number (5 digits) followed by your institution number (3 digits). |
5. If you are adding an alternative tax ID for profit share, complete the form entering your incorporation information, then click Add Alternative Tax ID.
At the bottom of the section, you will also see your KW Sponsor.
- If you selected a temporary sponsor when you joined, you will see a message that allows you to request a sponsorship change.