1099-K For Bonsai Payments
If you use Bonsai Payments and are based in the US, the IRS requires Bonsai to send 1099-Ks only when certain criteria are met (see 1099-K information here).
1099-K For Stripe Payments
This would be solely managed by Stripe. You can learn more about receiving your 1099-K here and, if eligible, receive your 1099-K here.
1099-K For PayPal Payments
This would be solely managed by Paypal. You can learn more about receiving your 1099-K here and, if eligible, receive your 1099-K here.
To learn more about 1099 forms and W-9s from Bonsai, this page has more detailed information.
Bonsai can help you to calculate you with resources such as our self-employment tax calculator. You can also use Bonsai to calculate your self-employment tax deductions.
Please note: Bonsai does not provide tax, accounting, or legal advice. This material and software has been prepared for informational purposes only. You should consult your own legal advisors with regard to your personal circumstance for further recommendations.
