Log in to your Stripe account and use the Tax forms view in the Dashboard to create, modify, file, and deliver 1099 tax forms for your connected accounts. If you use a team, only team members with the Tax Analyst or Administrator user role can access all tax-related features.
Set tax form default settings
To configure the settings for tax forms in your account you must log in as the account owner. If you use a team, any user that has the Administrator user role for your account can configure settings. To set default values, open the Tax forms page of the Dashboard, and then click Set tax form defaults.
After you set the tax form defaults, you can assign appropriate team members to the Tax Analyst role.
View and filter tax forms
You can view all of the tax forms for your connected account using the Tax forms dashboard. Click the appropriate tab to filter the forms displayed. To display the State filing status, Federal filing status, or Delivery filing status instead of Overall filing status, click the gear icon to the right of the column heading and select the status to display.
You can apply any of the existing filters to limit the results to only those records that match the filter criteria. For example, to display only records for a specific payee, choose the Payee name filter and then enter all or part of a name to match. The records displayed include only the records for payees with Payee names that match the string you used for the filter.
You can use the following filters to display tax forms:
|Type||Type of tax form: 1099-K, 1099-MISC, or 1099-NEC|
|Overall filing status||Overall status of tax form: Will not file, Needs attention, Ready, Filing, Accepted, or Rejected|
|Federal filing status||Status of the Federal tax form: Will not file, Needs attention, Ready, Filing, Accepted, or Rejected|
|State filing status||Status of the State tax form: Will not file, Needs attention, Ready, Filing, Accepted, or Rejected|
|Delivery status||Delivery status of the tax form: Will not deliver, Needs attention, Ready, Scheduled, Delivering, Delivered, Failed|
|Stripe merchant ID||Tax forms for the specified merchant ID|
|Payee name||Tax forms for the payee (New for 2021)|
|Payee state||Tax forms for the payee’s state|
|Needs attention||Needs attention status: Any reason, Address, Business name, TIN - Any reason, TIN - Missing, TIN - Mismatch (New for 2021)|
|YTD volume||Tax forms with the specified year-to-date volume|
|Correction||Correction status: Correction, Original (New for 2021)|
|Threshold||State or federal threshold status: Meets federal threshold, Meets state threshold, Meets any threshold, Meets state and federal threshold, Meets neither state nor federal thresholds (New for 2021)|
Understand tax form status
Stripe automatically calculates the overall status for each tax form, and allows you to apply filing requirements for each form as appropriate. The filing requirement appears as a visual indicator in the tax form status. You can view the status for both State and Federal tax forms.
|Accepted||The IRS or state accepted the tax form.||No further action required.|
|Filing||The tax form was sent to the IRS or state, but hasn’t been accepted yet.||No further action required.|
|Needs attention||The tax form is above the IRS or state threshold, but requires additional information before filing.||Most tax forms require additional information before filing. You can update the form or update the connected account. If you determine that you shouldn’t file the tax form, or you want to file with incomplete information, you can update the filing requirement.|
|Ready||The tax form is above the IRS or state threshold and ready to file.||File most tax forms. If you determine that you shouldn’t file the tax form, you can update the filing requirement.|
|Rejected||The IRS or state rejected the tax form.||Review the IRS information return penalties, and your connected accounts’ tax forms for incorrect names or tax identification numbers. You have 60 days from the initial submission to file corrected tax forms to the IRS. Contact Stripe support for help.|
|Will not file||The tax form is below the IRS or state threshold, or was overridden and won’t be filed.||Most tax forms don’t require further action. If you determine that you should file the tax form, (for example, if the connected account has withholding data), you can update the form.|
Understand tax form TIN status
Platforms need valid TINs on the tax forms to ensure that the IRS and/or state accepts the forms, and Stripe displays the status of the TIN in the Tax Form Editor as follows:
|Verified||Name & TIN are verified||No further action required.|
|Mismatch||Name + TIN didn’t match the records in IRS and need to be resolved before filing||Follow up with the account to get a name + TIN that matches IRS records. If you still want to file the form in this state, change the Filing requirement to Required even if incomplete.|
|Overwritten||Platform has overwritten the Name and/or TIN||Verify the name + TIN directly with the IRS and/or use a third party TIN verification tool. You can still file this form in this status.|
|Provided||Name and TIN were inherited from Connect Settings, but Stripe did not verify.||Verify the name + TIN directly with the IRS and/or use a third party TIN verification tool. You can still file this form in this status.|
|Missing||Name and/or TIN not provided and will need to be resolved before filing||Follow up with the account to get a name + TIN that matches IRS records. If you still want to file the form in this state, change the Filing requirement to Required even if incomplete.|
Understand tax form delivery status
Stripe sends your tax forms using the delivery method you set for your account, either mail or e-delivery. The Tax forms page shows the delivery status for your tax forms. The following table describes each possible delivery status.
|Delivered||The forms were successfully delivered.||No further action required.|
|Delivering||The forms were sent, but haven’t been received.||No further action required.|
|Failed||The forms were not successfully delivered.||No further action required.|
|Needs attention||The forms are ready to send, but require additional information.||Most tax forms require additional information before delivering. You can update the form or update the user information for the connected account.|
|Ready||These forms are sent when the forms are filed.||No further action required.|
|Scheduled||The forms are scheduled for delivery.||No further action required.|
|Will not deliver||The forms will not be delivered.||No further action required.|
Updating tax forms
You can Update 1099 tax forms for the current year and choose whether or not to include tax identification numbers (TIN).