Skip to content
English
Go to mystudio.io
  • There are no suggestions because the search field is empty.

How do I receive my 1099-K form?

MyStudio partners with Stripe to process payments and distribute 1099-K forms.

Updated: February 25, 2026

Table of contents

 

 

What is a 1099-K form?

A 1099-K form is a tax document used to report payment transactions processed on behalf of a MyStudio merchant (studio owner).

Stripe issues this form to report the total gross amount of payments processed through your account during the calendar year.

 

^ Back to top

 

How is the 1099-K distributed?

Your 1099-K form will be issued from Stripe if you MyStudio account meets all of the following criteria during the previous calendar year:

  • Based in the United States or are a U.S. taxpayer.

  • Processed more than $20,000 in gross payment volume.

  • Completed more than 200 transactions.

If your account does not meet all three requirements, a 1099-K form will not be issued.

Note: Stripe distributes 1099-K forms in accordance with IRS reporting requirements.

 

^ Back to top

 

What is included in the 1099-K report?

The form reports payment transactions made in settlement of:

  • Credit card transactions

  • Debit card transactions

  • Other payment card transactions

 

^ Back to top

 

Frequently asked questions (FAQs)

 

When will I receive my 1099-K?

Stripe typically issues 1099-K forms by January 31 for the previous calendar year.

 

^ Back to top

 

What should I review in the Stripe payouts section before the end of the year?

Before the end of the year, we strongly recommend reviewing your Stripe account setup to ensure all information is accurate and up to date. This helps prevent delays or errors in your 1099-K form.

Please confirm the following:

  1. Business name and business type
    1. Your legal business name is correct.
    2. Your business type matches how your business is officially registered (LLC, corporation, sole proprietor, etc.).
  2. General business information
    1. Your business address and contact information are accurate and current.
  3. Personal information (Very important)
    1. The personal details entered reflect the business owner's information, not an employee or third-party.

 

Note: Providing accurate personal information is especially important if your business is registered as:

  • Sole proprietor
  • Single-member LLC
  • Individual

For these business types, the IRS references personal tax information rather than business entity details when issuing the 1099-K. Ensuring this information is correct before the end of the year helps avoid processing issues, corrections, or reissued tax forms.

 

^ Back to top

 

What if my information is incorrect on the 1099-K?

If your tax information is incorrect, update your details in your Stripe setup as soon as possible. For corrections or reissued forms, please contact our support team for assistance.

 

^ Back to top