Overview:
Customers who receive payouts through Stripe or PayPal and meet the $600 revenue threshold will automatically receive a 1099 form from the respective platform. The Church Shop does not issue these forms for payouts through Stripe or PayPal.
Key Points:
- Ensure your current mailing address is up to date in the system so tax forms are sent correctly.
- Tax forms for Stripe and PayPal payouts are issued directly by those platforms, not The Church Shop.
- For other payout types (e.g., bank transfers or checks), consult a tax advisor to determine if a 1099 form is required.
Recommendations to customers:
- Keep your address current to avoid delays in receiving forms.
- Reach out to a tax professional for any questions regarding tax filing.