Every year, the United States IRS requires that Stripe provide a form called a 1099-K for each Stripe account that meets all of the following criteria in the previous calendar year:
Account is based in the United States (owners do not need to be US citizens)
More than $20,000 USD in total gross volume
More than 200 charges
The 1099-K is a purely informational form that summarizes the sales activity of your account and is designed to assist you in reporting your taxes. It is provided to you and the IRS, as well as some US states.
How and when do I get my 1099-K?
If your business qualifies, your 1099-K for the previous calendar year will be available to download from your Stripe dashboard by January 31 each year. Stripe will also notify you via email when the form is ready.
Downloading your 1099-K
Head to "Business Settings" in your Stripe dashboard
Click on the "Documents" tab
Once you've done this, you'll have the option to download the 1099-K PDF that we have prepared for you.
Frequently Asked Questions
Do all gym owners get a 1099-K?
No. You only receive a 1099-K if your Stripe account meets the IRS thresholds: more than $20,000 in gross volume and more than 200 charges in the calendar year.
Where do I find my Stripe dashboard?
Go to dashboard.stripe.com and log in with the email address you used to set up Stripe through PushPress.
What if I did not receive a 1099-K but think I should have?
Contact Stripe support directly at support.stripe.com. PushPress does not generate or distribute 1099-K forms.