What is the 1099-K form, and when will I receive mine?

A 1099-K reports payments you received for goods and services during the prior tax year. Stripe will issue a 1099-K to you when both of the following apply:

1. Your Creator account and linked bank are based in the United States, and

2. You have processed over 200 transactions and more than $20,000 in gross revenue.

When both conditions are met, Stripe files the 1099-K with the IRS and provides you a copy. Stripe collects the information for the form from the W-9 you completed during onboarding. Forms for the prior tax year are typically issued by January 31 and are available electronically in your Stripe dashboard. Stripe can also mail a physical copy on request.

You are responsible for your tax compliance. Back Me Bro does not assist with tax filings or provide tax advice. Consult a qualified accountant for questions about your tax obligations.