If you collect at least $20,000 and have at least 200 transactions in a calendar year, WePay will send you a 1099-K form by January 31st of the following year and a corresponding tax form with the IRS. If you fall below this threshold, this form is not required and will not be issued.
Articles in this section
- Can I send my clients a payments reminder?
- How do I add a payment schedule?
- How do I sign up for Joist Payments?
- What is the rate?
- How long does a payment take to get to me?
- How to protect yourself from scams and fraud
- Can I use Joist Payments to request a deposit?
- Can I turn Joist Payments off and on?
- What is a reserve limit and can mine be increased?
- What is a chargeback?