Form 1099-K and tax reporting

Form 1099-K is an IRS informational form that summarizes payment transactions processed through third-party services like Stripe. It helps you report your income for tax purposes. For more details, see IRS.gov: Understanding your Form 1099-K. 

If you received payments through Stripe totaling $5,000 or more for goods sold during the previous calendar year, you will get Form 1099-K. 

Your Form 1099-K should be mailed to you by January 31 via USPS First-Class Mail. If you haven’t received your form in the mail by the end of February, please contact us for assistance.

Form 1099-K will be mailed to the most recent address you provided through the OfferUp taxpayer notification. We periodically send this notification throughout the year to collect your Social Security Number and current address on behalf of Stripe. If you need to update your address at the end of the calendar year but haven’t received a notification, please contact Stripe Support for assistance.

No. At this time, we are unable to provide Form 1099-K by email.

No. In-person cash sales facilitated by OfferUp are not tracked for Form 1099-K reporting purposes. Stripe only tracks sales completed through OfferUp’s shipping service.

For questions on reporting your cash sales, please contact a qualified tax advisor.

If you earned $5,000 or more during the calendar year, you may need to report this income on your tax return. Use the information provided on Form 1099-K to help complete your filing. To learn more, see IRS.gov: What to do with Form 1099-K.

Please contact Stripe Support to correct any mistakes on your Form 1099-K.

Please contact Stripe Support to request a replacement Form 1099-K.