Guide to 1099 Tax Forms
Last updated November 29, 2022
If you earned $600 USD or more in a given tax year on the Dexter platform, you’ll receive a 1099-NEC form via our partner Stripe. Click here to visit the Stripe Support article.
Important to keep in mind:
- Eligible experts will receive a Stripe invite via email by the end of the year to confirm their account information. Please look for an email with the subject line “Action required to receive your Dexter Expert Network 2022 tax form
Frequently Asked Questions
Q: What is a 1099-NEC tax form?
A: 1099-NEC forms are federal income tax information forms used to report earnings and proceeds other than wages, salaries and tips (which are reported on the federal W-2 form). The forms are filed with the U.S. Internal Revenue Service (IRS) and, if required, state tax departments. A 1099-NEC form summarizes Dexter experts' earnings as independent contractors in the US. It’s provided to you and the IRS, as well as some US states, if you earn $600 USD or more over the course of the year.
Q: What tax forms will be sent?
A: The only tax form that eligible Dexter experts will receive is the 1099-NEC, and this is ONLY for those who earned $600 USD or more on the platform in a given tax year. Experts who earned less will NOT receive a 1099 form.
Q: How will tax forms be delivered?
A: If you earn $600 or more, you will receive an email invitation by end of the year (the subject of the email is Action required to receive your Dexter Expert Network 2022 tax form) from Stripe to confirm and update your Stripe Express account information (if you do not receive the email invitation but earned or expect to earn $600 or more in 2022 on Dexter, please reach out to us at help@dexterexperts.com).
Q: When will I receive my 1099?
Your 1099 tax form will be sent to you by January 31, 2023 (note: paper forms delivered by postal delivery might take up to 10 additional business days).
- Starting November 2022: Stripe will email you instructions on how to set up e-delivery and verify your Stripe Express account information. If you haven’t already, you’ll need to complete these steps to access your 1099 tax form electronically.
- By January 31, 2023:
- Your 1099 tax form will be available to download through Stripe Express.
- Your 1099 tax form will be mailed to you if you don’t don’t consent to e-delivery. Please allow up to 10 business days for postal delivery.
- Dexter will file your 1099 tax form with the IRS and relevant state tax authorities.
- April 15, 2023: IRS deadline to file taxes. You’ll need your 1099 tax form to file your taxes.
In January, we strongly suggest that you ensure all of your tax filing details and delivery preferences are up to date in Stripe Express. Your name, address and Taxpayer Identification Number (Social Security Number /Employer Identification Number) are of primary importance.
Q: Why is Stripe requesting personal information like my Social Security Number?
Your Social Security Number is required to get your 1099 tax form properly filed with the IRS.
If you have earned enough to qualify for a 1099 tax form, the IRS requires your full details to be verified ahead of 1099 filing.
We understand you may have concerns about providing your full Social Security Number/Employer Identification Number when first claiming your account, given the sensitivity of this identifier. We take your privacy seriously and have enabled technical solutions to ensure that your personal information is secure.
Q: How will I know when my 1099 tax form is available?
If you opted in to e-delivery, Stripe will send an email notification about the availability of your 1099 tax form to the email associated with your Stripe Express account.
Q: How will I receive my 1099 tax form?
After you log in to your Stripe Express account, you will be able to consent to e-delivery of your 1099 tax forms. If you do not consent to e-delivery, you will not be able to view or download your 1099 tax forms in the Stripe Express Tax forms page. If you opted in to e-delivery, your 1099 tax form will be delivered electronically near the end of January.
If you would like to receive a paper copy of your 1099 form, please reach out to us at help@dexterexperts.com for assistance.
Q: My information has changed since I signed up for Dexter. How can I edit information?
Update your account information in the Account tab:
- Under Stripe Express Account, you can update the email address and phone number used to log in to Stripe Express. Please note that only one contact method can be updated at a time.
- Under Language preference, you can choose your preferred language for Stripe Express.
- Under Payout and Professional Details, you can update personal and legal entity information and view your bank account or debit card information for payouts.
Q: I did not receive the invitation email from Stripe.
A: If you do not receive an invitation from Stripe but believe you should have received one based on your 2022 earnings, please check the following:
- Check your spam and deleted folders. The subject of the email is Action required to receive your Dexter Expert Network 2022 tax form.
- Confirm whether you earned $600 or more on Dexter in 2022. If you earned less than that, you will not receive a 1099 form nor the Stripe invitation.
- Make sure your email address on file is correct and able to receive email.
Important: If you confirmed all of the above, please contact support.stripe.com/express from the email account associated with your Stripe account.
Q: How do I get in touch with Stripe or Dexter for more help?
A: We recommend looking through the 1099 tax forms resource pages. If you still need help, please contact Stripe support. To contact Dexter, please reach out to us via email at help@dexterexperts.com