Taxes, W-9, and 1099-K Forms

All tax forms are handled through our partnered credit card and payment processor, Stripe. If Stripe requires a form from you they will contact you. If you require a form from Stripe, such as a 1099-K, you can access it from your Stripe Dashboard's Documents section.

This article is neither legal advice nor tax advice. We recommend that you speak to your lawyer or accounting firm with any questions or concerns around tax reporting.

A Form W-9 is generally used to confirm the tax identification number of a User and to establish the User is a U.S. taxpayer. To start processing on Stripe, a Form W-9 is not initially required but a tax identification number is. However, Stripe may request a Form W-9 in order to verify the tax identification number that was initially submitted. A Form W-9 might also be required to confirm a User’s tax residency.

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Every year, the United States IRS requires that Stripe provide a form called a 1099-K for each Stripe account that meets all of the following criteria in the previous calendar year:

  • Account is based in the United States (owners do not need to be US citizens) or the non-US account is for a US taxpayer

  • More than $20,000 USD in total gross volume

  • More than 200 charges
The 1099-K is a purely informational form that summarizes the sales activity of your account and is designed to assist you in reporting your taxes. It is provided to you and the IRS, as well as some US states. Some states may have different thresholds for reporting.

If you qualify for a 1099-K form Stripe will contact you and you can access it from your Stripe Dashboard's Documents section.

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