Guide to 1099 tax forms for GlossGenius Professionals

GlossGenius partners with Stripe to file 1099 tax forms that summarize your earnings or sales activities. We’ve put together some FAQs to help you learn more about 1099s, and how to use Stripe Express to review your tax information and download your tax forms.

If you have already created a Stripe Express account, you can log in to manage your tax information at connect.stripe.com/app/express.

What is a 1099 tax form?

A 1099-K form is the information return that is given to the IRS and qualifying customers and summarizes gross payment transactions for US account holders. The IRS requires Payment Settlement Entities, such as GlossGenius, to report the payment volume received by U.S. account holders. It’s provided to you and the IRS, as well as some US states, if your gross amount of total reportable payments exceeds $20,000 and the total number of such transactions exceeds 200 in a calendar year —and you’re based in the US or are a US taxpayer.

What is Stripe Express, and how do I access it?

Stripe Express allows you to update your tax information (e.g., name, address, and SSN or EIN), download your tax forms, and track your earnings. If you earned $600 or more in 2023 through GlossGenius in the US, Stripe will send an email (titled “Get your GlossGenius 2023 tax forms faster by enabling e-delivery”) inviting you to create an account and log in to Stripe Express.

If you are unable to find that email, head to our Support Site where you can request a new link to be sent to your email.

If you still are not able to locate your invite email, please reach out to GlossGenius support for help updating your email address.

I no longer have access to the phone number I signed up with. How do I login to my Stripe Express account?

If you’ve lost or updated your phone number, you can select the “I no longer have access to this phone number” option to authenticate via email and change your phone number.

Check out the link below to learn more:

I lost my phone or changed my number – how do I login to my account?

I earned enough to need a 1099 form in 2023. Why haven’t I received an email from Stripe?

If you earned enough to need a 1099 form in 2023, you should have received an email from Stripe by mid January 2024. Emails will be sent out starting in November 2023.

If you can’t find an email from Stripe, it’s possible that:

Please note that if you earned enough to need a 1099 form in 2023 and do not receive an email from Stripe by mid January, you will be mailed a paper copy of your 1099 tax form. The paper copy will be mailed to the address that Stripe has been provided so please check that GlossGenius has the most up to date postal mailing address on file for you.

When will I receive my 1099 tax form?

If you’ve agreed to e-delivery you should receive your 1099 tax form by January 31, 2024 (plus up to 10 business days for mail delivery of a paper form).

Here are a few important dates to keep in mind:

How do I update my tax information?

Open the email from Stripe and click on the “Get started” button, which will prompt you to create a Stripe Express account. After you create an account, you’ll be able to review your tax information (e.g., name, address, and SSN or EIN) and make any necessary changes via Stripe Express. Please update your information no later than mid January 2024.

Please note: If you don’t agree to paperless delivery by mid January 2024, we’ll automatically mail your 1099 tax form to the address on file, so it’s critical that your information is current, correct, and complete.

You may find that your 1099 tax form reports your SSN and you want to use your EIN (or vice-versa). If that’s the case, you’ll want to reach out to GlossGenius to update your legal entity information.

Please note: If you’re operating as an individual, Sole Proprietorship, or Single Member LLC, the IRS will expect to see the individual owner’s Name and SSN (as opposed to Business Name and EIN) reported on your 1099 tax form. 

Screenshot 2024-04-22 at 11.28.35 AM.png

Above: You can review and update your tax information from the Tax forms page within Stripe Express.

When answering the account claim security questions, it states that my answers are incorrect, what should I do?

Please reach out to GlossGenius support to confirm the information that they have on file against the information you are providing.

Why is Stripe requesting my Social Security number (SSN), Employer Identification Number (EIN), or Individual Taxpayer Identification Number (ITIN)?

Your SSN, EIN, or ITIN is required to file your 1099 tax form with the IRS and relevant state tax authorities.

Is my tax information secure?

Stripe’s security tools and best practices ensure that your sensitive information is safely stored and encrypted. Learn more about the safeguards we've put in place to protect your information. Please make sure to keep your login credentials for Stripe Express secure.

How can I download my 1099 tax form?

If you create a Stripe Express account and agree to paperless delivery, Stripe will email you to let you know when your 1099 tax form is available for download via Stripe Express. If you don’t agree to paperless delivery, Stripe will mail you a paper copy of your 1099 tax form instead.

Screenshot 2024-04-19 at 4.00.17 PM.png

Above: You’ll be able to download your 1099 tax form from the Tax forms page within Stripe Express.

How do I get a corrected 1099 tax form?

If you feel you need corrections made to a 1099 tax form that has already been ‘Filed’, use the edit option in the Tax Forms page of Stripe Express. Information you edit will not appear in the 1099 tax form in the Stripe Express dashboard but it is shared with GlossGenius. You should reach out to GlossGenius after you’ve made the edits you want and they can assist you with a correction. Once GlossGenius ‘Files’ your correction, you will be notified via email and you will see a new 1099 tax form appear in the Stripe Express dashboard.

Please note that it can take up to 72 hours after the platform files the correction for you to be notified.

Screenshot 2024-04-19 at 4.01.58 PM.png

Above: You can edit information by selecting the option in the Stripe Express Tax Form page.

Why don’t the earnings on my 1099 tax form match what I see on the Transactions page of Stripe Express?

For questions about differences in your earnings please visit GlossGenius's help article.

How do I get in touch with Stripe or GlossGenius for more help?

If you have a question that isn’t answered here, we recommend looking through the 1099 tax forms or Stripe Express resource pages. If you still need help, please contact Stripe support.

For questions about your 1099 tax form, please contact GlossGenius support.