Streamlabs - Donation Taxes Explained

 

- US IRS 1099 issuance threshold is $600 (meaning if you made over $600 you should receive a 1099 if you reside in the US)


- PayPal issues their own 1099's


- The 1099 you receive from Streamlabs credit card donations is from Stripe - the credit card processor that processes all the credit card transactions.


- The total of your tips received in 2018 will be a combination of all the different processors that you received  tips from (PayPal + Stripe + any other tipping source that processed your funds)


- 1099's are due Jan 31st, meaning you could receive them anytime throughout January, or even first week of Feb, depending on when they are postmarked


- If you did not receive a 1099, reached the 600$ threshold and received credit card donations through Streamlabs, please email finance@streamlabs.com

 

 

Have more questions? Submit a request

0 Comments

Article is closed for comments.