Configure tax form settings
If you work for a platform that pays you via Stripe and want to learn about your 1099 forms and how to get them, see 1099 tax forms on the Stripe Support site.
Use the Stripe dashboard to configure the settings for the 1099 forms you send to connected accounts. You can change almost all tax settings for forms that you haven’t filed. For example, if you initially set your tax form to report compensation (using 1099-NEC) and later determine you need to report payment transactions (using 1099-K), you can change the default form type and automatically update all forms.
If a user with the administrator role configured the tax form default settings in the onboarding flow for 1099 tax reporting, you can assign the Tax Analyst role to a team member on your account to allow that person full access to features in the Tax forms view.
If you manage a platform in the U.S. that includes Express or Custom connected accounts and you require a different default form type than the one set as the default on the Tax forms, you can contact Stripe support for assistance changing the default form type.
Common settings
These settings apply to all tax forms.
| Default form type | Sets the default type of 1099 form to use to report compensation or payment transactions. |
| Payer tax identity | Uses the platform account’s information (legal business name and tax identification number) by default. You can change your payer tax identity if, for example, you want the legal entity on the 1099 form to differ from the legal entity associated with your Stripe account. |
| Payer address | Uses the platform account’s information by default. This address displays on the 1099-NEC or 1099-MISC form as the Payer’s address and on the 1099-K form as the Filer’s address. |
| Payer phone number | Uses the platform account’s information by default. This phone number displays on tax forms as the Payer’s or Filer’s phone number. |
| Delivery method | Select Deliver via postal mail to allow Stripe to mail the tax forms to your recipients. Postal mail uses the payer address or a custom address (U.S. address required) as the return address for undelivered forms. If you don’t select the postal mail option, you must deliver the tax forms to your recipients. To do so, download electronic copies of the forms from the Tax forms view. All tax forms are delivered to the IRS electronically. |
1099-K settings
Configure these settings for the 1099-K forms you send to connected accounts.
| Default calculation method | Configures the default calculation method to use, either payments that include fees or payments that exclude fees. |
| Filer type | Specifies if the platform account is a payment settlement entity (PSE) or an electronic payment facilitator (EPF). |
| Payment settlement entity | Appears if the filer type is EPF. If so, you must specify the name and phone number for the PSE. |
| Transactions reported | Configures the type of transaction that’s processed. |
1099-MISC settings
Configure these settings for the 1099-MISC forms you send to connected accounts.
| Payments box | Payment amounts are reported in the specified box on the 1099-MISC form. For example, choose 3 Other income to display the amount in box number 3. You can use CSV import to override this box for specific tax forms. |
| Default calculation method | Configures the default calculation method to use. You can choose between payments that include fees, payments that exclude fees, or payouts only. |
1099-NEC settings
Configure these settings for your 1099-NEC forms.
| Default calculation method | Configures the default calculation method to use. You can choose between payments that include fees, payments that exclude fees, or payouts only. |