Payments through RateCards are processed by Stripe. Where the law requires it, Stripe issues you an IRS Form 1099-K.
When you'll get a 1099-K
At the federal level, a 1099-K is issued if, in a calendar year, you receive more than $20,000 in gross payments and more than 200 transactions.
Some states have much lower thresholds, so you may get a form even if you're under the federal one.
Where to find it
Tax forms are delivered through your Stripe Express dashboard. You choose how to receive them: electronically, or by mail. Check that your delivery preference and mailing address are up to date before the end of the year.
Forms for the previous year are usually available by the end of January.
Your income is taxable either way
Not getting a 1099-K doesn't make your income tax-free. You're responsible for reporting all of your earnings, tips included, and for paying any income and self-employment tax. 7
Keep your tax details accurate
Your 1099-K uses the legal name and taxpayer ID (SSN or EIN) on your Stripe account. If either is wrong, update it in Wallet → Setup Wallet.
The 1099-K shows gross, not what you received
A 1099-K reports the gross amount your clients paid, before RateCards fees, refunds, and chargebacks. Keep your own records so you can account for those. Your Wallet shows every payment and payout. On Business, Wallet CSV export puts everything in one spreadsheet for your bookkeeper.
RateCards doesn't provide tax advice. Talk to a tax professional about your situation.