IRS 1099 Tax Form from StyleSeat

Article Summary: Information on filing taxes for your business.

As independent stylists or salon owners, you get the freedom and the responsibilities that come with being your own boss. You set your own hours, design your own client experience, and bear all authority for your own finances. That includes filing your taxes correctly.

Doing taxes as an independent stylist or salon owner might seem overwhelming at first, but with a little preparation, you don’t have to dread those IRS forms. By using StyleSeat Payments, you get the benefit of receiving tax documentation and support from StyleSeat.

Do I qualify for a 1099-K?

StyleSeat will only send tax forms to professionals who process payments through StyleSeat.

Payment processors and online marketplaces, such as StyleSeat, are required to file and send a Form 1099-K if the earned total gross volume is greater than 20,000 USD and you have 200+ transactions.

NOTE: Certain states have thresholds for filing a 1099-K that differ from the federal requirements. If you processed transactions in these states, you may need to file a 1099-K. It's important to consult your state and local guidelines to determine if you are required to file a 1099-K in your state.
Where can I locate my 1099-K? - E-Delivery (NEW - Opt-In Required)

Receiving tax documents by traditional mail can often lead to delays and complications. To address these issues, we now offer the option for professionals to receive their tax documents electronically.

Please note that the default method of delivery is paper. To switch to paperless delivery, you must opt-in. Be sure to opt-in to e-delivery by January 18th. If you do not select paperless by January 18th, your tax forms will be sent via mail to the address on file with your account.

To opt for electronic delivery:

1. From the StyleSeat app, tap Menu

2. Tap Payments & Policies

3. Tap Tax Settings

4. Verify your information under the Your Tax Information section and Edit if necessary

5. Tap Opt In To Electronic Delivery and review the terms carefully. Tap Agree to opt in to e-delivery. 

6. After agreeing to the terms, confirm that the delivery method has changed to Paperless (e-delivery)

Your forms may take some time to process, but StyleSeat will notify you once they are ready for download. You should receive your 1099 tax form by January 31st.

Where can I locate my 1099-K? - Delivered by Mail (Default method)

Mail delivery is the default method for tax forms on StyleSeat. If you did not opt in to e-delivery, you will receive your forms by mail to the mailing address on file with your account.

To verify or update your mailing address: 

1. From the StyleSeat app, tap Menu

2. Tap Payments & Policies

3. Tap Tax Settings

4. Verify your mailing address on file in the Your Tax Information section and Edit if necessary

Frequently Asked Questions | FAQ
When is the deadline to opt in for electronic delivery of 2023 tax forms?

You must opt in by January 18th to receive your 2023 tax forms electronically. If you opt in after January 18th, it will only apply to tax forms for the year 2024 and beyond.

What happens if I don’t opt in for electronic delivery?

If you do not opt in for electronic delivery, we will mail your tax forms to the address we have on file.

How can I ensure my tax information is accurate?

You should review your tax information in the StyleSeat app or on our website to confirm that all details are correct and up-to-date.

What should I do if I need to make corrections?

If you need to make corrections or need assistance receiving your 1099 tax forms, please reach out directly to our Support team.

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Modified on Fri, 01 Dec 2023 at 02:53 PM