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Tax information for sellers
Tax information for sellers
Elizabeth avatar
Written by Elizabeth
Updated over a week ago

Every year, the United States IRS requires that Stripe provide a form called a 1099-K for each TackTackRoom 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 a seller's account and is designed to assist a seller in reporting their taxes. 

SidelineSwap will send you a mailed and electronic copy of your 1099-K by February 1st if you qualify. 

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