You can edit your name, TIN and address in Stripe Express, but you'll need to contact your platform directly for changes to volume.
As your platform is your 1099 tax form filer, they will be able to assist you with issuing a correction, updating a volume or splitting your 1099 tax form if necessary.
You can edit your name, address and TIN on the Tax forms page in Stripe Express. Note that any information you edit will not appear in a 1099 tax form that has already been filed with the IRS. We'll share the information with the platform and they can then use it to make the requested corrections and file the new 1099 tax form with the relevant tax authorities. Once the platform has filed your correction, you will be notified via email and you will see a new 1099 tax form appear in the Tax forms page of Stripe Express.
Changes or questions surrounding updating volume or splits must be handled solely by your platform. Before you contact your platform to request a 1099 tax form split between two or more legal entities, ensure that you have the following information to hand:
1099 tax form splits require the precise matching of tax details, so if you are uncertain, please contact the IRS and request a letter 147C to confirm. The best way to request a letter 147C is to contact the IRS by phone at +1 (800) 829 4933. The IRS will fax a copy of what they have on file for your business.
Please note that split 1099 tax forms will not be visible in the Stripe Express tax form dashboard. If you were previously e-delivered a 1099 tax form via Stripe Express but requested it be split by your platform, it will no longer be shown in the Stripe Express dashboard after the split. Your platform will need to deliver the newly split forms to the appropriate parties.
Note that only the current owner of the Stripe Express account is able to view the tax forms in Stripe Express. It can take 48 to 72 hours after the platform files a correction for you to be notified.
This article is neither legal advice nor tax advice. We recommend that you speak to your tax advisor if you have any questions or concerns related to tax reporting.