📝 Overview
What is a 1099-K form?
A 1099-K is a tax form that summarizes the total card payments your business received during the year. The form helps you and the IRS verify that your reported income matches your actual card processing activity.
When will It be available?
Your 1099-K is typically available for download by mid-January, and Stripe will paper mail one to you by January 31.
If you check to see if the 1099-K is available before mid-January, the form may not be ready yet if the year you're looking for isn't listed. You can check back at a later time. If you don't see a 1099-K posted by January 31st, 💬 Contact Us.
Understanding your 1099-K Form
The amount shown on your 1099-K reflects your gross sales - the total of all card payments processed during the year before any deductions. This is not the same as your taxable income.
The following costs are not subtracted from that number, but they do reduce what you report as income:
Processing fees
Refunds issued to customers
Chargebacks
Credits and discounts
For example, if your 1099-K shows $80,000 but you had $5,000 in processing fees and $2,000 in refunds, you would report $73,000 as income - not the full $80,000.
Be sure to compare your 1099-K against your reports to make sure everything matches.
How to download your 1099-K
Log in to your Stripe Dashboard
Click on the gear icon at the top right corner
Under Account Settings, select Compliance and documents
Go to the My Documents tab
Click the download button next to the desired year to download the document as a PDF. Please save these files in a secure location for future access
📢 FAQ
Q: What If the Form Has an Error?
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Click the arrow to learn more
Mistakes happen. Common errors include incorrect legal name, address, and Tax Identification Number (SSN or EIN). To correct the information, follow steps below
Step 1: Confirm Your Tax Information in Stripe Is Up to Date
Review your tax information in Stripe to make sure there are no mismatches between your account and IRS records. Confirm that your legal name, TIN, and address are all correct before next tax season to avoid any issues with your 1099-K.
Step 2: Contact Our Support Team to Correct Your 1099-K
If you found any mismatches or errors in your tax information, 💬 Contact Us with a copy of your W-9 form. We'll use it to verify your information matches what the IRS has on file and update your 1099-K form accordingly before we file it with the IRS.
💬 Contact Us
Questions or issues with downloading your 1099-K? We're happy to help. Contact us through our live chat option at the bottom right of this article, or email us at ✉️[email protected].
Please include the information below to verify your account.
Business Name
Last 4 digits of your bank account or Tax ID