Stripe Express
Why did I receive a 1099 tax form?
You met the minimum federal or state threshold in earnings and are eligible for a 1099 tax form.
The platform you work with is required to file and provide you with a 1099 tax form, if you meet the eligibility requirements for the calendar year.
The federal thresholds for receiving a 1099 tax form differ per form type:
- 1099-MISC/NEC: >= $600 USD
- 1099-K: $5,000 USD
While most states follow federal thresholds, some have different filing requirements. Make sure to check with your platform about your state’s reporting thresholds.
This article is neither legal advice nor tax advice. We recommend that you speak to your tax advisor with any questions or concerns around tax reporting.
Related articles