Tax Reporting

Starting with the 2025 tax year, the IRS has updated the reporting thresholds for 1099-K forms. This article explains what's changed, who will receive a form, and how to ensure your tax information is accurate.

For calendar years beginning in 2025, the IRS has returned to a higher reporting threshold. You will receive a 1099-K form only if you meet both of these requirements:

Important: This is a significant increase from the 2024 threshold of $5,000. Many sellers who received a 1099-K last year may not qualify for one this year.

If you meet both requirements, your 1099-K form will be available in your Stripe Express Dashboard by January 31, 2026.

To ensure your tax documents are filed correctly, please complete these steps:

Visit https://connect.stripe.com/express_login

Navigate to the "Tax Forms" or "Profile" tab and confirm that the following information is current and accurate:

Opting into paperless delivery allows you to download your form immediately when it becomes available.

Please note: A 1099-K is an informational form and does not determine what you owe in taxes. Regardless of whether you receive a 1099-K form, the IRS requires all sellers to accurately report their taxable income.

You can access your transaction information at any time:

For more information about these federal tax reporting changes:

If you have questions or feedback about your 1099-K form or tax reporting, please contact us at support@alt.xyz.