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0 0 0zm-.93.511a.4.4 0 01-.4.4h-3.954a.4.4 0 01-.4-.4v-.511c0-.57.468-1.033 1.043-1.033h2.667a1.04 1.04 0 011.043 1.033v.511zM9.647 25h11.07a1.966 1.966 0 001.973-1.953V19.09a.4.4 0 00-.4-.4h-.13a.4.4 0 00-.4.4v3.956a1.04 1.04 0 01-1.044 1.033H9.646a1.04 1.04 0 01-1.042-1.033V19.09a.4.4 0 00-.4-.4h-.13a.4.4 0 00-.4.4v3.956c0 1.077.885 1.953 1.973 1.953h0z" fill="#212121" stroke="#212121" stroke-width="0.5"></path></svg></div><p class="md:hidden block text-black font-semibold whitespace-pre-line mt-1">Self-employed</p></div><div class="mr-2"><svg width="20" height="20" fill="none" xmlns="http://www.w3.org/2000/svg"><circle cx="10" cy="10" r="9.5" stroke="#E1E1E1"></circle></svg></div></div><div class="overflow-hidden text-ellipsis"><p class="md:block hidden text-black font-semibold whitespace-pre-line">Self-employed</p><p class="text-black-600 font-normal mt-1 md:mb-4 text-xs whitespace-pre-line">Freelancer, independent contractor, etc</p></div></div></div></div><div class="md:hover:border-[#3C96EC] w-full flex gap-3 py-4 pl-4 rounded-lg cursor-not-allowed lg:cursor-pointer border bg-white-light items-center border-white-fade "><div class="w-full flex flex-col gap-4"><div class="flex flex-col justify-center items-start w-full pr-1"><div class="flex justify-between items-center w-full md:mb-4 mb-2"><div class="flex justify-start items-center gap-2"><div class=""><svg width="27" height="26" fill="none" xmlns="http://www.w3.org/2000/svg"><path d="M26.032 6.65l-2.887-1.082V2.106a1.057 1.057 0 00-.378-.785A1.359 1.359 0 0021.87 1h-7.651a1.36 1.36 0 00-.897.32c-.239.208-.375.49-.378.786V5.41L9.631 6.651a.797.797 0 00-.45.404.663.663 0 00.004.566l1.635 3.361c.267-.086.537-.165.81-.236L9.968 7.327l2.975-1.115v4.243c.29-.05.574-.092.85-.125V2.106a.353.353 0 01.126-.261.453.453 0 01.299-.107h7.65c.113-.001.22.037.3.107.08.069.125.163.126.261v9.4H19.88c.243.233.464.484.66.75h3.339a.679.679 0 01.323.101c.413.359.61.725.588 1.09-.038.628-.704 1.101-.71 1.105a.392.392 0 00-.112.117.335.335 0 00-.027.3c.019.05.05.095.09.133.622.593.889 1.162.795 1.694-.157.88-1.25 1.433-1.26 1.438a.39.39 0 00-.195.205.334.334 0 00.01.266c.297.634.32 1.19.067 1.65-.456.83-1.669 1.14-1.68 1.143a.443.443 0 00-.178.089.372.372 0 00-.11.152.333.333 0 00-.018.18c.011.06.039.117.08.166.406.473.552.894.437 1.254-.168.52-.836.826-1.047.911h-2.805a1.199 1.199 0 01-.431-.05 1.102 1.102 0 01-.373-.198.95.95 0 01-.251-.313.846.846 0 010-.752.95.95 0 01.251-.313 1.1 1.1 0 01.373-.198c.138-.042.285-.06.431-.05h.98a.476.476 0 00.167-.025.434.434 0 00.142-.08.377.377 0 00.096-.123.338.338 0 000-.293.377.377 0 00-.096-.123.474.474 0 00-.31-.105h-.979a1.197 1.197 0 01-.431-.05 1.101 1.101 0 01-.373-.199.952.952 0 01-.251-.313.847.847 0 010-.751.952.952 0 01.251-.314 1.1 1.1 0 01.373-.198c.138-.042.285-.06.431-.05h1.83a.479.479 0 00.167-.025.435.435 0 00.142-.08.377.377 0 00.096-.123.338.338 0 000-.293.377.377 0 00-.096-.123.476.476 0 00-.31-.105h-1.829a2.107 2.107 0 00-1.392.48c-.374.315-.591.75-.603 1.206.002.255.07.505.199.733.129.227.315.426.545.58-.23.153-.416.351-.545.579a1.503 1.503 0 00-.199.732c0 .336.118.663.338.937h-4.55a.695.695 0 01-.324-.116l-2.139-1.652c-.668-.483-1.985-.48-2.037-.48h-.85V14.13h.64a3.777 3.777 0 001.914-.574l.13-.072c4.362-2.315 8.374-1.468 8.879-1.347.926.56 1.744 1.892 2.433 3.962a.757.757 0 01-.09.579.928.928 0 01-.495.388c-.5.168-1.052-.007-1.686-.534-.678-.562-1.446-1.248-1.636-1.515a.406.406 0 00-.167-.133c.101-.212.188-.429.26-.65a.336.336 0 00-.035-.285.42.42 0 00-.254-.18.475.475 0 00-.323.032.388.388 0 00-.204.224c-.897 2.727-3.305 2.73-3.408 2.729a.455.455 0 00-.295.108.355.355 0 00-.126.259.351.351 0 00.114.263.45.45 0 00.288.12h.008a4.84 4.84 0 002.055-.561 4.18 4.18 0 001.51-1.351c.511.522 1.056 1.019 1.63 1.486.643.534 1.276.802 1.89.802.233-.001.464-.039.68-.113a1.76 1.76 0 00.951-.757c.202-.346.255-.745.15-1.123-.284-.85-1.146-3.442-2.838-4.41a.45.45 0 00-.104-.043c-.187-.051-4.64-1.238-9.624 1.408-.05.027-.1.054-.15.083a2.907 2.907 0 01-1.46.455H1.47c-.113 0-.22.04-.3.11a.354.354 0 00-.125.265v8.996c0 .298.135.584.374.795.239.21.563.33.9.33h2.976c.338 0 .662-.12.901-.33.239-.21.374-.497.374-.795h.866c.353 0 1.155.074 1.472.303l2.122 1.64c.25.186.562.294.889.306h9.1a.477.477 0 00.152-.024c.053-.018 1.305-.449 1.624-1.427.073-.255.088-.52.041-.779a1.794 1.794 0 00-.31-.729c.718-.27 1.312-.748 1.684-1.354a2.286 2.286 0 00.078-1.977c.442-.284 1.215-.898 1.376-1.793.123-.678-.125-1.365-.738-2.046.406-.375.657-.86.713-1.377.038-.59-.244-1.152-.84-1.67a1.098 1.098 0 00-.237-.153l1.918-4.053a.662.662 0 00.002-.565.797.797 0 00-.45-.402zM5.72 22.75c0 .1-.045.196-.125.266a.456.456 0 01-.3.11H2.32a.456.456 0 01-.3-.11.354.354 0 01-.125-.265V14.13H5.72v8.62zM23.72 11.507h-.576V6.378l2.55.96-1.974 4.168z" fill="#333" stroke="#333" stroke-width="0.5"></path><path d="M18.166 9.432c.36 0 .712-.095 1.012-.273.3-.178.533-.432.67-.728.139-.296.175-.622.105-.937a1.575 1.575 0 00-.499-.83 1.9 1.9 0 00-.933-.444 2.03 2.03 0 00-1.052.092c-.333.123-.617.331-.817.598-.2.266-.307.58-.307.9 0 .43.192.843.534 1.147.341.304.804.475 1.287.475zm0-2.702c.24 0 .475.063.675.182.2.118.355.287.447.485a.97.97 0 01.069.624 1.05 1.05 0 01-.332.554c-.17.151-.386.254-.622.296-.235.042-.48.02-.702-.062a1.195 1.195 0 01-.544-.398.999.999 0 01-.205-.6c0-.287.128-.562.356-.764.228-.203.536-.317.858-.317z" fill="#333" stroke="#333" stroke-width="0.5"></path></svg></div><p class="md:hidden block text-black font-semibold whitespace-pre-line mt-1">Salaried employee</p></div><div class="mr-2"><svg width="20" height="20" fill="none" xmlns="http://www.w3.org/2000/svg"><circle cx="10" cy="10" r="9.5" stroke="#E1E1E1"></circle></svg></div></div><div class="overflow-hidden text-ellipsis"><p class="md:block hidden text-black font-semibold whitespace-pre-line">Salaried employee</p><p class="text-black-600 font-normal mt-1 md:mb-4 text-xs whitespace-pre-line">Full-time or part-time W-2 employee</p></div></div></div></div><div class="md:hover:border-[#3C96EC] w-full flex gap-3 py-4 pl-4 rounded-lg cursor-not-allowed lg:cursor-pointer border bg-white-light items-center border-white-fade "><div class="w-full flex flex-col gap-4"><div class="flex flex-col justify-center items-start w-full pr-1"><div class="flex justify-between items-center w-full md:mb-4 mb-2"><div class="flex justify-start items-center gap-2"><div class=""><svg width="26" height="26" fill="none" xmlns="http://www.w3.org/2000/svg"><path d="M1.179 20.421l1.31 3.148a2.34 2.34 0 003.053 1.252l4.316-1.82a.845.845 0 00.507-.85l.302-.129a2.076 2.076 0 011.106-.144c2.142.321 5.816-.42 7.71-1.556a47.43 47.43 0 005.278-3.697 1.61 1.61 0 00-1.853-2.629 172.38 172.38 0 00-2.451 1.712 1.26 1.26 0 00-1.388-.892c-.185.043-.362.1-.543.155-.718.23-1.46.469-3.092-.155-3.105-1.19-6.192.338-6.306.396l-1.346.57a.822.822 0 00-.96-.242c-.7.29-2.769 1.158-4.394 1.839A2.329 2.329 0 001.18 20.42zm8.165-4.734c.03-.015 3.018-1.489 5.905-.383 1.803.69 2.67.41 3.435.164.167-.054.33-.107.5-.146.483-.097.853.471.853.917 0 .566-.96 1.167-1.309 1.322a5.678 5.678 0 01-2.394.175.258.258 0 00-.284.323.258.258 0 00.216.19 6.131 6.131 0 002.672-.215c.016-.007 1.577-.73 1.613-1.76.44-.31 2.04-1.442 2.644-1.848a1.092 1.092 0 011.242 1.796 46.852 46.852 0 01-5.219 3.657c-1.778 1.065-5.36 1.79-7.367 1.487a2.614 2.614 0 00-1.384.18l-.259.11-2.186-5.41 1.322-.56zm-2.328.335a.328.328 0 01.427.177l2.387 5.904a.325.325 0 01-.175.42l-.87.367-2.692-6.482.923-.386zm-1.4.586L8.31 23.09l-2.97 1.253a1.819 1.819 0 01-2.376-.974l-1.307-3.147a1.811 1.811 0 01.97-2.364c.967-.404 2.09-.876 2.99-1.251zm9.295-6.216l.633.01c.35-.004.687-.142.94-.385l.576-.585.92.801a.517.517 0 00.672.006l.954-.801.673.758a.517.517 0 00.73.043l2.117-1.876a1.303 1.303 0 00.028-1.912L21.49 4.887a2.323 2.323 0 00-1.56-.632L15 4.183A6.2 6.2 0 009.579 1a6.28 6.28 0 00-6.2 5.877 6.21 6.21 0 0011.533 3.515zm-9.49.705a5.649 5.649 0 01-1.526-4.192 5.756 5.756 0 015.683-5.388 5.683 5.683 0 015.04 3.044.259.259 0 00.225.137l5.08.075a1.81 1.81 0 011.214.49l1.665 1.566a.78.78 0 01-.016 1.146l-2.117 1.877-.673-.757a.513.513 0 00-.72-.052l-.953.8-.92-.801a.517.517 0 00-.71.026l-.576.585a.776.776 0 01-.564.231l-.784-.012a.263.263 0 00-.229.132 5.715 5.715 0 01-7.267 2.415 5.645 5.645 0 01-1.853-1.322z" fill="#333" stroke="#333" stroke-width="0.5"></path><path d="M7.539 5.11a2.07 2.07 0 102.039 2.1 2.097 2.097 0 00-2.039-2.1zm-.052 3.622a1.552 1.552 0 11.045-3.106 1.552 1.552 0 01-.046 3.106h.001zm7.524-1.207h2.587a.259.259 0 100-.518h-2.587a.259.259 0 000 .518z" fill="#333" stroke="#333" stroke-width="0.5"></path></svg></div><p class="md:hidden block text-black font-semibold whitespace-pre-line mt-1">Business owner</p></div><div class="mr-2"><svg width="20" height="20" fill="none" xmlns="http://www.w3.org/2000/svg"><circle cx="10" cy="10" r="9.5" stroke="#E1E1E1"></circle></svg></div></div><div class="overflow-hidden text-ellipsis"><p class="md:block hidden text-black font-semibold whitespace-pre-line">Business owner</p><p class="text-black-600 font-normal mt-1 md:mb-4 text-xs whitespace-pre-line">LLC, S corp or partnership</p></div></div></div></div></div><div class="h-13 lg:h-16 lg:mt-10 mt-5 mb-4 w-full flex items-center justify-end"><button disabled="" class="downloadAppBtn md:w-fit w-full text-center bg-[#0D0F0F] hover:bg-[#0d0f0fdc] text-white-light py-4 px-14 rounded-lg font-semibold md:mx-0 mx-auto">Next</button></div></div></div><div class=""><div class="absolute top-[0px] left-[0px] bg-[#d9d9d9] w-full h-[13px]"></div><div class="absolute top-[0px] left-[0px] [background:linear-gradient(89.79deg,_#4affe0,_#4a2fec)] h-[13px] " style="width:0px"></div></div></div></div></div></div></div></div></section><section class="md:mx-auto mx-4 md:mt-28 mt-14 md:px-4 lg:px-0"><div class="lg:w-[49.13rem] md:mx-auto"></div><div class="lg:w-[49.13rem] md:mx-auto"><h1 class="md:text-4xl md:!leading-12 text-2xl w-full font-extrabold text-grey-500 mb-6">Shopify and <span style="background: linear-gradient(101.76deg, #19ACA4 1.98%, #3563CD 100.59%); -webkit-background-clip: text; -webkit-text-fill-color: transparent; background-clip: text; text-fill-color: transparent;">taxes</span></h1> <div class="py-2 flex flex-col gap-4"><div class="md:text-xl md:!leading-8 font-normal whitespace-pre-line text-grey-500">These days, many new entrepreneurs are entering the world of e-commerce. With platforms like Shopify, you can now open your own store with a few clicks of a button without needing a brick-and-mortar store. There was already a shift in the e-commerce world, but with the pandemic, travel bans, lockdowns and store closures, billions of consumers worldwide started using Shopify. People switched to online stores with a digital presence. Until recently, your Shopify transactions could fly under the Internal Revenue Service’s (IRS) radar. But the IRS has caught on, and now they want full transparency from Shopify and require reports of all transactions, known as the 1099K 2022. You’ll also receive a copy of the Shopify 1099, and you’ll need to hang on to this for tax filing. We’ll walk you through the 1099K 2024 process, including how to get tax info from Shopify, like the <a class="font-medium underline text-[#3563CD]" href="https://flyfin.tax/blog/what-is-a-1099-form">Shopify 1099</a>, and how to file it.</div></div></div><div class=""><div id="toc" class="w-full gap-10 flex flex-col"><div class="lg:w-[49.13rem] w-full md:mx-auto px-4 rounded-xl p-5 mt-4 border border-white-fade"><p class="md:text-xl md:!leading-8 font-semibold text-grey-500">Table of contents</p><div><div class="flex flex-row my-3"><div class="w-6 h-6 items-center flex justify-around"><svg width="10" height="10" fill="none" xmlns="http://www.w3.org/2000/svg" class="scale-[0.7]"><rect width="10" height="10" rx="5" fill="#000"></rect></svg></div><p class="text-grey-500 w-11/12">What’s Shopify?...<span class="underline underline-offset-2 lg:cursor-pointer cursor-not-allowed"><a href="#whats-shopify">Read more</a></span></p></div><div class="flex flex-row my-3"><div class="w-6 h-6 items-center flex justify-around"><svg width="10" height="10" fill="none" xmlns="http://www.w3.org/2000/svg" class="scale-[0.7]"><rect width="10" height="10" rx="5" fill="#000"></rect></svg></div><p class="text-grey-500 w-11/12">Does Shopify report to the IRS?...<span class="underline underline-offset-2 lg:cursor-pointer cursor-not-allowed"><a href="#does-shopify-report-to-the-irs">Read more</a></span></p></div><div class="flex flex-row my-3"><div class="w-6 h-6 items-center flex justify-around"><svg width="10" height="10" fill="none" xmlns="http://www.w3.org/2000/svg" class="scale-[0.7]"><rect width="10" height="10" rx="5" fill="#000"></rect></svg></div><p class="text-grey-500 w-11/12">Does Shopify collect sales tax?...<span class="underline underline-offset-2 lg:cursor-pointer cursor-not-allowed"><a href="#does-shopify-collect-sales-tax">Read more</a></span></p></div><div class="flex flex-row my-3"><div class="w-6 h-6 items-center flex justify-around"><svg width="10" height="10" fill="none" xmlns="http://www.w3.org/2000/svg" class="scale-[0.7]"><rect width="10" height="10" rx="5" fill="#000"></rect></svg></div><p class="text-grey-500 w-11/12">Does Shopify send you a 1099?...<span class="underline underline-offset-2 lg:cursor-pointer cursor-not-allowed"><a href="#does-shopify-send-you-a-1099">Read more</a></span></p></div><div class="flex flex-row my-3"><div class="w-6 h-6 items-center flex justify-around"><svg width="10" height="10" fill="none" xmlns="http://www.w3.org/2000/svg" class="scale-[0.7]"><rect width="10" height="10" rx="5" fill="#000"></rect></svg></div><p class="text-grey-500 w-11/12">How to get 1099 from Shopify...<span class="underline underline-offset-2 lg:cursor-pointer cursor-not-allowed"><a href="#how-to-get-1099-from-shopify">Read more</a></span></p></div><div class="flex flex-row my-3"><div class="w-6 h-6 items-center flex justify-around"><svg width="10" height="10" fill="none" xmlns="http://www.w3.org/2000/svg" class="scale-[0.7]"><rect width="10" height="10" rx="5" fill="#000"></rect></svg></div><p class="text-grey-500 w-11/12">What if I don’t receive a 1099K 2022 from Shopify?...<span class="underline underline-offset-2 lg:cursor-pointer cursor-not-allowed"><a href="#what-if-i-dont-receive-a-1099k-2022-from-shopify">Read more</a></span></p></div><div class="flex flex-row my-3"><div class="w-6 h-6 items-center flex justify-around"><svg width="10" height="10" fill="none" xmlns="http://www.w3.org/2000/svg" class="scale-[0.7]"><rect width="10" height="10" rx="5" fill="#000"></rect></svg></div><p class="text-grey-500 w-11/12">Shopify taxes overseas...<span class="underline underline-offset-2 lg:cursor-pointer cursor-not-allowed"><a href="#shopify-taxes-overseas">Read more</a></span></p></div></div></div><div class="flex flex-col gap-10"><div id="whats-shopify" class="relative w-full flex flex-col gap-4 md:mt-1 -mt-3"><h2 class="lg:w-[49.13rem] md:mx-auto md:text-4xl md:!leading-12 text-2xl w-full font-extrabold text-grey-500 ">What’s <span style="background: linear-gradient(101.76deg, #19ACA4 1.98%, #3563CD 100.59%); -webkit-background-clip: text; -webkit-text-fill-color: transparent; background-clip: text; text-fill-color: transparent;">Shopify?</span></h2> <div class="lg:w-[49.13rem] w-full md:mx-auto my-4"><div class="md:text-xl md:!leading-8 font-normal whitespace-pre-line text-grey-500 ">Shopify is an e-commerce platform that runs on a subscription basis. It helps businesses sell their products, whether digital or physical. You can sell through an existing website or create your own Shopify store. You can also sell through emails, social media and even in person with the Shopify button.</div></div><div class="lg:w-[49.13rem] w-full md:mx-auto rounded-xl text-center lg:mx-auto"><div class="md:hidden"><div data-rmiz-wrap="visible" style="display:block"><span style="box-sizing:border-box;display:block;overflow:hidden;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;position:relative"><span style="box-sizing:border-box;display:block;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;padding-top:197.06666666666666%"></span><img alt="Shopify for Small Business: Ecommerce, Blog & Global SellingImage promoting Shopify for small businesses with features like online shop, ecommerce website & blog, built-in SEO, global selling in foreign currencies. Ideal for entrepreneurs and small business owners." title="Shopify for Small Business: Ecommerce, Blog & Global Selling" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" decoding="async" data-nimg="responsive" class="hover:opacity-70 lg:cursor-pointer cursor-not-allowed" style="position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%"/><noscript><img alt="Shopify for Small Business: Ecommerce, Blog & Global SellingImage promoting Shopify for small businesses with features like online shop, ecommerce website & blog, built-in SEO, global selling in foreign currencies. Ideal for entrepreneurs and small business owners." title="Shopify for Small Business: Ecommerce, Blog & Global Selling" sizes="100vw" srcSet="/_next/image?url=https%3A%2F%2Fdem95u0op6keg.cloudfront.net%2Fimage%2FTax-Forms-1099-k-Shopify-Info-1_Mobile.png&w=640&q=100 640w, /_next/image?url=https%3A%2F%2Fdem95u0op6keg.cloudfront.net%2Fimage%2FTax-Forms-1099-k-Shopify-Info-1_Mobile.png&w=750&q=100 750w, /_next/image?url=https%3A%2F%2Fdem95u0op6keg.cloudfront.net%2Fimage%2FTax-Forms-1099-k-Shopify-Info-1_Mobile.png&w=828&q=100 828w, /_next/image?url=https%3A%2F%2Fdem95u0op6keg.cloudfront.net%2Fimage%2FTax-Forms-1099-k-Shopify-Info-1_Mobile.png&w=1080&q=100 1080w, /_next/image?url=https%3A%2F%2Fdem95u0op6keg.cloudfront.net%2Fimage%2FTax-Forms-1099-k-Shopify-Info-1_Mobile.png&w=1200&q=100 1200w, /_next/image?url=https%3A%2F%2Fdem95u0op6keg.cloudfront.net%2Fimage%2FTax-Forms-1099-k-Shopify-Info-1_Mobile.png&w=1920&q=100 1920w, /_next/image?url=https%3A%2F%2Fdem95u0op6keg.cloudfront.net%2Fimage%2FTax-Forms-1099-k-Shopify-Info-1_Mobile.png&w=2048&q=100 2048w, /_next/image?url=https%3A%2F%2Fdem95u0op6keg.cloudfront.net%2Fimage%2FTax-Forms-1099-k-Shopify-Info-1_Mobile.png&w=3840&q=100 3840w" src="/_next/image?url=https%3A%2F%2Fdem95u0op6keg.cloudfront.net%2Fimage%2FTax-Forms-1099-k-Shopify-Info-1_Mobile.png&w=3840&q=100" decoding="async" data-nimg="responsive" style="position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%" class="hover:opacity-70 lg:cursor-pointer cursor-not-allowed" loading="lazy"/></noscript></span><button aria-label="Zoom image" data-rmiz-btn-open="true"></button></div></div><div class="hidden md:block"><div data-rmiz-wrap="visible" style="display:block"><div><span style="box-sizing:border-box;display:inline-block;overflow:hidden;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;position:relative;max-width:100%"><span style="box-sizing:border-box;display:block;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;max-width:100%"><img style="display:block;max-width:100%;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0" alt="" aria-hidden="true" src="data:image/svg+xml,%3csvg%20xmlns=%27http://www.w3.org/2000/svg%27%20version=%271.1%27%20width=%27990%27%20height=%27351%27/%3e"/></span><img alt="Shopify for Small Business: Ecommerce, Blog & Global SellingImage promoting Shopify for small businesses with features like online shop, ecommerce website & blog, built-in SEO, global selling in foreign currencies. Ideal for entrepreneurs and small business owners." title="Shopify for Small Business: Ecommerce, Blog & Global Selling" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" decoding="async" data-nimg="intrinsic" class="hover:opacity-70 lg:cursor-pointer cursor-not-allowed" style="position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%"/><noscript><img alt="Shopify for Small Business: Ecommerce, Blog & Global SellingImage promoting Shopify for small businesses with features like online shop, ecommerce website & blog, built-in SEO, global selling in foreign currencies. Ideal for entrepreneurs and small business owners." title="Shopify for Small Business: Ecommerce, Blog & Global Selling" srcSet="/_next/image?url=https%3A%2F%2Fdem95u0op6keg.cloudfront.net%2Fimage%2FTax-Forms-1099-k-Shopify-Info-1_Desktop.png&w=1080&q=100 1x, /_next/image?url=https%3A%2F%2Fdem95u0op6keg.cloudfront.net%2Fimage%2FTax-Forms-1099-k-Shopify-Info-1_Desktop.png&w=2048&q=100 2x" src="/_next/image?url=https%3A%2F%2Fdem95u0op6keg.cloudfront.net%2Fimage%2FTax-Forms-1099-k-Shopify-Info-1_Desktop.png&w=2048&q=100" decoding="async" data-nimg="intrinsic" style="position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%" class="hover:opacity-70 lg:cursor-pointer cursor-not-allowed" loading="lazy"/></noscript></span></div><button aria-label="Zoom image" data-rmiz-btn-open="true"></button></div></div></div></div><div id="does-shopify-report-to-the-irs" class="relative w-full flex flex-col gap-4 md:mt-1 -mt-3"><h2 class="lg:w-[49.13rem] md:mx-auto md:text-4xl md:!leading-12 text-2xl w-full font-extrabold text-grey-500 ">Does Shopify report <span style="background: linear-gradient(101.76deg, #19ACA4 1.98%, #3563CD 100.59%); -webkit-background-clip: text; -webkit-text-fill-color: transparent; background-clip: text; text-fill-color: transparent;">to the IRS?</span></h2> <div class="lg:w-[49.13rem] w-full md:mx-auto my-4"><div class="md:text-xl md:!leading-8 font-normal whitespace-pre-line text-grey-500 ">Shopify is required to report certain transactions to the IRS. When a business owner makes a transaction, Shopify reports this information using <a class="font-medium underline text-[#3563CD]" href="https://flyfin.tax/tax-forms/1099-k">Form 1099-K</a>. When you sell something using Shopify, this gets recorded on your Shopify 1099 and matches the one sent to the IRS. You’ll need this form when it comes time to file your taxes. This process is similar for other payment apps like <a class="font-medium underline text-[#3563CD]" href="https://flyfin.tax/tax-forms/1099-k/paypal-1099">Paypal</a> and <a class="font-medium underline text-[#3563CD]" href="https://flyfin.tax/tax-forms/1099-k/venmo-1099">Venmo</a>. If you use Shopify for personal use, these transactions typically don’t get reported to the IRS. But most people these days set up their Shopify account to make profit for their business.</div></div></div><div id="does-shopify-collect-sales-tax" class="relative w-full flex flex-col gap-4 md:mt-1 -mt-3"><h2 class="lg:w-[49.13rem] md:mx-auto md:text-4xl md:!leading-12 text-2xl w-full font-extrabold text-grey-500 ">Does Shopify collect <span style="background: linear-gradient(101.76deg, #19ACA4 1.98%, #3563CD 100.59%); -webkit-background-clip: text; -webkit-text-fill-color: transparent; background-clip: text; text-fill-color: transparent;">sales tax?</span></h2> <div class="lg:w-[49.13rem] w-full md:mx-auto my-4"><div class="md:text-xl md:!leading-8 font-normal whitespace-pre-line text-grey-500 ">Shopify isn’t required to collect <a class="font-medium underline text-[#3563CD]" href="https://flyfin.tax/tax-tips/sales-tax-deduction">sales tax</a> from users. The platform doesn’t fall under the IRS marketplace facilitator requirements, unlike eBay or Amazon, which require stores to collect sales tax. So if you’re a Shopify seller, it’s up to you to remit the Shopify sales tax to your relevant state. However, you can set up your account to have Shopify sales tax automatically taken out. There are a few steps to take when it comes to setting up your Shopify sales tax settings.</div></div><div class="lg:w-[49.13rem] w-full md:mx-auto rounded-xl text-center lg:mx-auto"><div class="md:hidden"><div data-rmiz-wrap="visible" style="display:block"><span style="box-sizing:border-box;display:block;overflow:hidden;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;position:relative"><span style="box-sizing:border-box;display:block;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;padding-top:235.2%"></span><img alt="Image shows steps to set up sales tax on Shopify. Includes informing Shopify where to collect taxes, setting up shipping options with sales tax, adding warehouse locations, indicating taxable items, and recording tax-exempt customers." title="Shopify Tax Setup & Management" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" decoding="async" data-nimg="responsive" class="hover:opacity-70 lg:cursor-pointer cursor-not-allowed" style="position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%"/><noscript><img alt="Image shows steps to set up sales tax on Shopify. Includes informing Shopify where to collect taxes, setting up shipping options with sales tax, adding warehouse locations, indicating taxable items, and recording tax-exempt customers." title="Shopify Tax Setup & Management" sizes="100vw" srcSet="/_next/image?url=https%3A%2F%2Fdem95u0op6keg.cloudfront.net%2Fimage%2FTax-Forms-1099-k-Shopify-Info-2_Mobile.png&w=640&q=100 640w, /_next/image?url=https%3A%2F%2Fdem95u0op6keg.cloudfront.net%2Fimage%2FTax-Forms-1099-k-Shopify-Info-2_Mobile.png&w=750&q=100 750w, /_next/image?url=https%3A%2F%2Fdem95u0op6keg.cloudfront.net%2Fimage%2FTax-Forms-1099-k-Shopify-Info-2_Mobile.png&w=828&q=100 828w, /_next/image?url=https%3A%2F%2Fdem95u0op6keg.cloudfront.net%2Fimage%2FTax-Forms-1099-k-Shopify-Info-2_Mobile.png&w=1080&q=100 1080w, /_next/image?url=https%3A%2F%2Fdem95u0op6keg.cloudfront.net%2Fimage%2FTax-Forms-1099-k-Shopify-Info-2_Mobile.png&w=1200&q=100 1200w, /_next/image?url=https%3A%2F%2Fdem95u0op6keg.cloudfront.net%2Fimage%2FTax-Forms-1099-k-Shopify-Info-2_Mobile.png&w=1920&q=100 1920w, /_next/image?url=https%3A%2F%2Fdem95u0op6keg.cloudfront.net%2Fimage%2FTax-Forms-1099-k-Shopify-Info-2_Mobile.png&w=2048&q=100 2048w, /_next/image?url=https%3A%2F%2Fdem95u0op6keg.cloudfront.net%2Fimage%2FTax-Forms-1099-k-Shopify-Info-2_Mobile.png&w=3840&q=100 3840w" src="/_next/image?url=https%3A%2F%2Fdem95u0op6keg.cloudfront.net%2Fimage%2FTax-Forms-1099-k-Shopify-Info-2_Mobile.png&w=3840&q=100" decoding="async" data-nimg="responsive" style="position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%" class="hover:opacity-70 lg:cursor-pointer cursor-not-allowed" loading="lazy"/></noscript></span><button aria-label="Zoom image" data-rmiz-btn-open="true"></button></div></div><div class="hidden md:block"><div data-rmiz-wrap="visible" style="display:block"><div><span style="box-sizing:border-box;display:inline-block;overflow:hidden;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;position:relative;max-width:100%"><span style="box-sizing:border-box;display:block;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;max-width:100%"><img style="display:block;max-width:100%;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0" alt="" aria-hidden="true" src="data:image/svg+xml,%3csvg%20xmlns=%27http://www.w3.org/2000/svg%27%20version=%271.1%27%20width=%27990%27%20height=%27460%27/%3e"/></span><img alt="Image shows steps to set up sales tax on Shopify. Includes informing Shopify where to collect taxes, setting up shipping options with sales tax, adding warehouse locations, indicating taxable items, and recording tax-exempt customers." title="Shopify Tax Setup & Management" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" decoding="async" data-nimg="intrinsic" class="hover:opacity-70 lg:cursor-pointer cursor-not-allowed" style="position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%"/><noscript><img alt="Image shows steps to set up sales tax on Shopify. Includes informing Shopify where to collect taxes, setting up shipping options with sales tax, adding warehouse locations, indicating taxable items, and recording tax-exempt customers." title="Shopify Tax Setup & Management" srcSet="/_next/image?url=https%3A%2F%2Fdem95u0op6keg.cloudfront.net%2Fimage%2FTax-Forms-1099-k-Shopify-Info-2_Desktop.png&w=1080&q=100 1x, /_next/image?url=https%3A%2F%2Fdem95u0op6keg.cloudfront.net%2Fimage%2FTax-Forms-1099-k-Shopify-Info-2_Desktop.png&w=2048&q=100 2x" src="/_next/image?url=https%3A%2F%2Fdem95u0op6keg.cloudfront.net%2Fimage%2FTax-Forms-1099-k-Shopify-Info-2_Desktop.png&w=2048&q=100" decoding="async" data-nimg="intrinsic" style="position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%" class="hover:opacity-70 lg:cursor-pointer cursor-not-allowed" loading="lazy"/></noscript></span></div><button aria-label="Zoom image" data-rmiz-btn-open="true"></button></div></div></div></div><div id="does-shopify-send-you-a-1099" class="relative w-full flex flex-col gap-4 md:mt-1 -mt-3"><h2 class="lg:w-[49.13rem] md:mx-auto md:text-4xl md:!leading-12 text-2xl w-full font-extrabold text-grey-500 ">Does Shopify <span style="background: linear-gradient(101.76deg, #19ACA4 1.98%, #3563CD 100.59%); -webkit-background-clip: text; -webkit-text-fill-color: transparent; background-clip: text; text-fill-color: transparent;">send you a 1099?</span></h2> <div class="lg:w-[49.13rem] w-full md:mx-auto my-4"><div class="md:text-xl md:!leading-8 font-normal whitespace-pre-line text-grey-500 ">There’s always something new with the IRS, and they love keeping taxpayers on their toes. Ever heard of the $600 1099-K threshold? This is the new requirement for anyone earning and using online platforms. Before 2022, the requirements were different and certainly more lenient. You’d only receive a 1099-K if you: <ul class="list-disc lg:pl-8 pl-4"><li class="md:text-xl text-base">Had at least 200 transactions </li> <li class="md:text-xl text-base">Made at least $20,000</li></ul> So don’t be surprised if you receive a Shopify 1099K 2022 in your inbox. But you can be prepared by using a <a class="font-medium underline text-[#3563CD]" href="https://flyfin.tax/1099-tax-calculator">1099 taxes calculator</a> to calculate your <a class="font-medium underline text-[#3563CD]" href="https://flyfin.tax/quarterly-tax-calculator">estimated taxes</a>.</div></div></div><div id="how-to-get-1099-from-shopify" class="relative w-full flex flex-col gap-4 md:mt-1 -mt-3"><h2 class="lg:w-[49.13rem] md:mx-auto md:text-4xl md:!leading-12 text-2xl w-full font-extrabold text-grey-500 ">How to get <span style="background: linear-gradient(101.76deg, #19ACA4 1.98%, #3563CD 100.59%); -webkit-background-clip: text; -webkit-text-fill-color: transparent; background-clip: text; text-fill-color: transparent;">1099 from Shopify</span></h2> <div class="lg:w-[49.13rem] w-full md:mx-auto my-4"><div class="md:text-xl md:!leading-8 font-normal whitespace-pre-line text-grey-500 ">If you’re wondering how to get tax info from Shopify, it’s pretty simple. By January 31, Shopify will send you an email with your Shopify 1099. You can also receive a copy of your Shopify 1099 through the app.</div></div><div class="lg:w-[49.13rem] w-full md:mx-auto rounded-xl text-center lg:mx-auto"><div class="md:hidden"><div data-rmiz-wrap="visible" style="display:block"><span style="box-sizing:border-box;display:block;overflow:hidden;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;position:relative"><span style="box-sizing:border-box;display:block;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;padding-top:118.66666666666667%"></span><img alt="Instructions to access Shopify 1099 form. Steps include opening the app, logging in, clicking on payments section, and accessing documents. No mention of self-employment, freelancer or taxes." title="Shopify Payments: Accessing 1099 Documents" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" decoding="async" data-nimg="responsive" class="hover:opacity-70 lg:cursor-pointer cursor-not-allowed" style="position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%"/><noscript><img alt="Instructions to access Shopify 1099 form. Steps include opening the app, logging in, clicking on payments section, and accessing documents. No mention of self-employment, freelancer or taxes." title="Shopify Payments: Accessing 1099 Documents" sizes="100vw" srcSet="/_next/image?url=https%3A%2F%2Fdem95u0op6keg.cloudfront.net%2Fimage%2FTax-Forms-1099-k-Shopify-Info-3_Mobile.png&w=640&q=100 640w, /_next/image?url=https%3A%2F%2Fdem95u0op6keg.cloudfront.net%2Fimage%2FTax-Forms-1099-k-Shopify-Info-3_Mobile.png&w=750&q=100 750w, /_next/image?url=https%3A%2F%2Fdem95u0op6keg.cloudfront.net%2Fimage%2FTax-Forms-1099-k-Shopify-Info-3_Mobile.png&w=828&q=100 828w, /_next/image?url=https%3A%2F%2Fdem95u0op6keg.cloudfront.net%2Fimage%2FTax-Forms-1099-k-Shopify-Info-3_Mobile.png&w=1080&q=100 1080w, /_next/image?url=https%3A%2F%2Fdem95u0op6keg.cloudfront.net%2Fimage%2FTax-Forms-1099-k-Shopify-Info-3_Mobile.png&w=1200&q=100 1200w, /_next/image?url=https%3A%2F%2Fdem95u0op6keg.cloudfront.net%2Fimage%2FTax-Forms-1099-k-Shopify-Info-3_Mobile.png&w=1920&q=100 1920w, /_next/image?url=https%3A%2F%2Fdem95u0op6keg.cloudfront.net%2Fimage%2FTax-Forms-1099-k-Shopify-Info-3_Mobile.png&w=2048&q=100 2048w, /_next/image?url=https%3A%2F%2Fdem95u0op6keg.cloudfront.net%2Fimage%2FTax-Forms-1099-k-Shopify-Info-3_Mobile.png&w=3840&q=100 3840w" src="/_next/image?url=https%3A%2F%2Fdem95u0op6keg.cloudfront.net%2Fimage%2FTax-Forms-1099-k-Shopify-Info-3_Mobile.png&w=3840&q=100" decoding="async" data-nimg="responsive" style="position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%" class="hover:opacity-70 lg:cursor-pointer cursor-not-allowed" loading="lazy"/></noscript></span><button aria-label="Zoom image" data-rmiz-btn-open="true"></button></div></div><div class="hidden md:block"><div data-rmiz-wrap="visible" style="display:block"><div><span style="box-sizing:border-box;display:inline-block;overflow:hidden;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;position:relative;max-width:100%"><span style="box-sizing:border-box;display:block;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;max-width:100%"><img style="display:block;max-width:100%;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0" alt="" aria-hidden="true" src="data:image/svg+xml,%3csvg%20xmlns=%27http://www.w3.org/2000/svg%27%20version=%271.1%27%20width=%27990%27%20height=%27325%27/%3e"/></span><img alt="Instructions to access Shopify 1099 form. Steps include opening the app, logging in, clicking on payments section, and accessing documents. No mention of self-employment, freelancer or taxes." title="Shopify Payments: Accessing 1099 Documents" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" decoding="async" data-nimg="intrinsic" class="hover:opacity-70 lg:cursor-pointer cursor-not-allowed" style="position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%"/><noscript><img alt="Instructions to access Shopify 1099 form. Steps include opening the app, logging in, clicking on payments section, and accessing documents. No mention of self-employment, freelancer or taxes." title="Shopify Payments: Accessing 1099 Documents" srcSet="/_next/image?url=https%3A%2F%2Fdem95u0op6keg.cloudfront.net%2Fimage%2FTax-Forms-1099-k-Shopify-Info-3_Desktop.png&w=1080&q=100 1x, /_next/image?url=https%3A%2F%2Fdem95u0op6keg.cloudfront.net%2Fimage%2FTax-Forms-1099-k-Shopify-Info-3_Desktop.png&w=2048&q=100 2x" src="/_next/image?url=https%3A%2F%2Fdem95u0op6keg.cloudfront.net%2Fimage%2FTax-Forms-1099-k-Shopify-Info-3_Desktop.png&w=2048&q=100" decoding="async" data-nimg="intrinsic" style="position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%" class="hover:opacity-70 lg:cursor-pointer cursor-not-allowed" loading="lazy"/></noscript></span></div><button aria-label="Zoom image" data-rmiz-btn-open="true"></button></div></div></div></div><div id="what-if-i-dont-receive-a-1099k-2022-from-shopify" class="relative w-full flex flex-col gap-4 md:mt-1 -mt-3"><h2 class="lg:w-[49.13rem] md:mx-auto md:text-4xl md:!leading-12 text-2xl w-full font-extrabold text-grey-500 ">What if I don’t receive a <span style="background: linear-gradient(101.76deg, #19ACA4 1.98%, #3563CD 100.59%); -webkit-background-clip: text; -webkit-text-fill-color: transparent; background-clip: text; text-fill-color: transparent;">1099K 2022 from Shopify?</span></h2> <div class="lg:w-[49.13rem] w-full md:mx-auto my-4"><div class="md:text-xl md:!leading-8 font-normal whitespace-pre-line text-grey-500 ">The IRS still wants you to report your earnings if you don’t receive a 1099K 2022 from Shopify. If you made over $600, you might need to contact Shopify. It could be that your information is incorrect and needs updating. If you made less than $600 with Shopify, you might not receive a 1099K 2022. But the IRS still expects you to pay <a class="font-medium underline text-[#3563CD]" href="https://flyfin.tax/self-employment-tax-calculator">self-employment taxes</a> if you made $400 or more.</div></div></div><div id="shopify-taxes-overseas" class="relative w-full flex flex-col gap-4 md:mt-1 -mt-3"><h2 class="lg:w-[49.13rem] md:mx-auto md:text-4xl md:!leading-12 text-2xl w-full font-extrabold text-grey-500 ">Shopify taxes <span style="background: linear-gradient(101.76deg, #19ACA4 1.98%, #3563CD 100.59%); -webkit-background-clip: text; -webkit-text-fill-color: transparent; background-clip: text; text-fill-color: transparent;">overseas</span></h2> <div class="lg:w-[49.13rem] w-full md:mx-auto my-4"><div class="md:text-xl md:!leading-8 font-normal whitespace-pre-line text-grey-500 ">Think you can escape U.S. taxes by taking your transactions overseas? Well, think again! Shopify expanded its global market and is reaching customers internationally. But all the global attention brings taxes into the spotlight. Now countries are realizing they need to tax sellers on their sales and anyone selling to customers abroad too. Most countries have a form of sales tax, Goods and Services Tax (GST) or Value-Added Tax (VAT). VAT can be found globally in places like Europe and the gulf region. It is the tax added to a product at each stage of the process or each time value is added from development. GST can also be found across the globe, including New Zealand, Australia and Canada. The process works in a similar manner to VAT, with taxes added at each stage of manufacturing. You’ll need to pay Shopify taxes if you sell products in countries that implement these tax systems against e-commerce sellers. The Shopify taxes will vary depending on the country. For example, in Europe, the threshold is €10,000 for every member.</div></div><div class="lg:w-[49.13rem] w-full md:mx-auto"><div class="ClusterPagesV1_QuickTipBgGradient__hIlc0 lg:mx-32 rounded-xl"><div class="flex flex-row-reverse"><svg width="66" height="12" fill="#FFF" xmlns="http://www.w3.org/2000/svg" class="mt-4 mr-3 opacity-30"><path fill-rule="evenodd" clip-rule="evenodd" d="M45.555 0h-8.54v1.789h8.54V0zM0 0h8.54V1.79H0V0zm0 6.635v-1.92h8.539v1.92H2.015V12H0V6.635zm37.016 0v-1.92h8.537v1.92h-6.522V12h-2.015V6.635zM14.788 0h-2.015v12H20.428v-1.758h-5.64V0zM49.72 0h2.015v12H49.72V0zm14.263 0v9.199L58.87 0h-2.326v12h2.015V2.827L63.694 12H66V0h-2.016zm-38.65 0l3.041 5.426L31.416 0h2.294l-4.328 7.224V12h-2.016V7.224L23.04 0h2.295z" fill="inherit"></path></svg></div><div class="flex flex-row gap-3 px-4 pb-4 items-center"><div class="w-3/12"><svg width="73" height="89" fill="none" xmlns="http://www.w3.org/2000/svg"><path d="M34.991 25.778c-9.28 0-16.862 7.582-16.862 16.862 0 4.853 2.123 9.523 5.702 12.677 2.668 2.67 2.426 8.37 2.365 8.431 0 .304.06.546.303.789.182.182.486.303.728.303h15.468c.303 0 .545-.121.727-.303.182-.182.304-.485.304-.789 0-.06-.304-5.762 2.365-8.43l.182-.183c3.518-3.215 5.58-7.764 5.58-12.495 0-9.28-7.581-16.862-16.862-16.862zm9.705 27.962c-.06.06-.182.182-.182.243-2.365 2.547-2.79 6.733-2.85 8.734H28.257c-.06-2.001-.485-6.369-3.032-8.977a14.783 14.783 0 01-5.095-11.16c0-8.189 6.611-14.8 14.8-14.8 8.188 0 14.8 6.611 14.8 14.8 0 4.306-1.82 8.37-5.035 11.16z" fill="#FFD159"></path><path d="M34.937 30.096c-.545 0-1.03.485-1.03 1.03 0 .547.485 1.032 1.03 1.032 6.127 0 11.04 4.974 11.04 11.04 0 .545.485 1.03 1.03 1.03.547 0 1.032-.485 1.032-1.03.06-7.219-5.823-13.102-13.102-13.102zM41.666 65.98H28.2a2.563 2.563 0 00-2.548 2.548 2.563 2.563 0 002.548 2.548h13.405c1.456-.06 2.608-1.153 2.608-2.548a2.563 2.563 0 00-2.547-2.547zm0 2.973H28.2a.479.479 0 01-.485-.485c0-.304.182-.486.485-.486h13.405c.242 0 .485.182.485.486 0 .303-.182.485-.425.485zM39.662 72.128H30.2a2.563 2.563 0 00-2.548 2.547 2.563 2.563 0 002.548 2.548h9.462a2.563 2.563 0 002.548-2.548 2.524 2.524 0 00-2.548-2.547zm0 2.972H30.2a.478.478 0 01-.485-.485c0-.304.182-.486.485-.486h9.462c.243 0 .486.182.486.486a.478.478 0 01-.486.485zM34.937 20.136c.607 0 1.032-.485 1.032-1.03v-7.037c0-.546-.486-1.031-1.032-1.031-.545 0-1.03.485-1.03 1.031v7.036c0 .546.485 1.031 1.03 1.031zM54.388 18.115c-.375-.477-1.008-.459-1.41-.127l-5.257 4.62c-.477.374-.533 1.05-.143 1.469.145.164.305.27.48.317a.968.968 0 00.946-.25l5.257-4.619c.462-.316.517-.992.127-1.41zM21.93 24.49a.978.978 0 00.48-.316c.39-.42.335-1.095-.083-1.485l-5.155-4.71c-.419-.39-1.095-.335-1.485.084-.39.418-.335 1.094.084 1.485l5.155 4.71c.329.288.653.327 1.004.233zM14.375 33.644l-6.78-1.637c-.532-.108-1.13.24-1.238.772a.968.968 0 00.771 1.237l6.781 1.637c.191.012.324.039.5-.008a1 1 0 00.738-.763c.108-.532-.24-1.129-.772-1.238zM63.602 32.792c-.109-.531-.706-.88-1.238-.771l-6.84 1.621c-.53.109-.88.706-.77 1.238a1 1 0 00.737.762c.176.048.367.036.5.009l6.84-1.621c.531-.109.88-.706.77-1.238z" fill="#FFD159"></path></svg></div><div class="flex flex-col gap-3"><p class="text-xl font-semibold">Quick tip</p><div class="text-sm font-light text-white-fade whitespace-pre-line">You can set up your Shopify account to take GST or VAT at checkout. The amount will be sent to you and you’ll need to remit the money to the relevant tax authority. Once you’ve remitted your Shopify taxes, you’ll need to file taxes and return the taxes to the relevant tax authority.</div></div></div></div></div></div></div></div></div></section><section><div class="lg:w-[49.13rem] w-full md:mx-auto px-4 lg:px-0 md:text-xl font-normal whitespace-pre-line text-grey-500 mb-4"></div></section><section></section><section><div class="relative pb-12 pt-20 px-4 lg:px-31 mx-auto cluster_swiper-container"><div class="rounded-b-lg flex flex-wrap text-white"><div class="swiper mySwiper"><div class="swiper-wrapper"><div class="swiper-slide mb-7 md:cursor-pointer cursor-not-allowed swiper-slide-duplicate" data-swiper-slide-index="35"><div class="w-full h-full bg-white-light rounded-xl flex flex-col justify-between border border-white-fade overflow-hidden cursor-default"><div class="p-6 pt-10 pb-0"><p class="text-black font-semibold md:text-2xl">1099 and Taxes: A Guide for Self-Employed Individuals with 1099 Income</p><p class="text-black-dark font-normal md:text-base text-sm mt-2 line-clamp-3 !leading-[180%]">Taking care of your taxes as a self-employed person can be a difficult undertaking. The Internal Revenue Service (IRS) defines a self-employed person as someone earning income from an independent economic activity and is responsible for collecting self-employment taxes. Knowing how to manage self-employment tax and 1099 income is one of the most important things. We will explore the complexities of self-employment tax, its computation techniques, and ways to reduce your tax liability in this post.</p></div><div class="pb-6"><hr class="h-px w-full text-[#F1F1F1] mb-6"/><a class="text-grey-500 tracking-[1px] font-semibold p-6 pt-0" href="https://flyfin.tax/tax-forms/1099-form/1099-income-and-self-employment-tax">LEARN MORE →</a></div></div></div><div class="swiper-slide mb-7 md:cursor-pointer cursor-not-allowed swiper-slide-duplicate" data-swiper-slide-index="36"><div class="w-full h-full bg-white-light rounded-xl flex flex-col justify-between border border-white-fade overflow-hidden cursor-default"><div class="p-6 pt-10 pb-0"><p class="text-black font-semibold md:text-2xl">IRS Penalties for Not Reporting 1099 and Taxes Income</p><p class="text-black-dark font-normal md:text-base text-sm mt-2 line-clamp-3 !leading-[180%]">Find out how to avoid the harsh penalties associated with failing to submit 1099 income to the IRS. Learn the value of precise and timely reporting to prevent expensive errors.</p></div><div class="pb-6"><hr class="h-px w-full text-[#F1F1F1] mb-6"/><a class="text-grey-500 tracking-[1px] font-semibold p-6 pt-0" href="https://flyfin.tax/tax-forms/1099-form/irs-penalties-for-failing-to-report-1099-income">LEARN MORE →</a></div></div></div><div class="swiper-slide mb-7 md:cursor-pointer cursor-not-allowed" data-swiper-slide-index="0"><div class="w-full h-full bg-white-light rounded-xl flex flex-col justify-between border border-white-fade overflow-hidden cursor-default"><div class="p-6 pt-10 pb-0"><p class="text-black font-semibold md:text-2xl">Form 1040</p><p class="text-black-dark font-normal md:text-base text-sm mt-2 line-clamp-3 !leading-[180%]">This is the most common document in the US tax system. It's the master tax return that every American fills out.</p></div><div class="pb-6"><hr class="h-px w-full text-[#F1F1F1] mb-6"/><a class="text-grey-500 tracking-[1px] font-semibold p-6 pt-0" href="https://flyfin.tax/tax-forms/1040-form">LEARN MORE →</a></div></div></div><div class="swiper-slide mb-7 md:cursor-pointer cursor-not-allowed" data-swiper-slide-index="1"><div class="w-full h-full bg-white-light rounded-xl flex flex-col justify-between border border-white-fade overflow-hidden cursor-default"><div class="p-6 pt-10 pb-0"><p class="text-black font-semibold md:text-2xl">Form 1040 Schedule C</p><p class="text-black-dark font-normal md:text-base text-sm mt-2 line-clamp-3 !leading-[180%]">Running a business by yourself? This is the tax return 2024 schedule where you report how much (knock on wood) profit you made or how much you (heaven forbid) lost over the course of the year.</p></div><div class="pb-6"><hr class="h-px w-full text-[#F1F1F1] mb-6"/><a class="text-grey-500 tracking-[1px] font-semibold p-6 pt-0" href="https://flyfin.tax/tax-forms/schedule-c">LEARN MORE →</a></div></div></div><div class="swiper-slide mb-7 md:cursor-pointer cursor-not-allowed" data-swiper-slide-index="2"><div class="w-full h-full bg-white-light rounded-xl flex flex-col justify-between border border-white-fade overflow-hidden cursor-default"><div class="p-6 pt-10 pb-0"><p class="text-black font-semibold md:text-2xl">Form 1040 Schedule SE</p><p class="text-black-dark font-normal md:text-base text-sm mt-2 line-clamp-3 !leading-[180%]">SE stands for self-employment tax, and this is where people who make a living working for themselves or freelancing pay Social Security and Medicare taxes.</p></div><div class="pb-6"><hr class="h-px w-full text-[#F1F1F1] mb-6"/><a class="text-grey-500 tracking-[1px] font-semibold p-6 pt-0" href="https://flyfin.tax/tax-forms/schedule-se">LEARN MORE →</a></div></div></div><div class="swiper-slide mb-7 md:cursor-pointer cursor-not-allowed" data-swiper-slide-index="3"><div class="w-full h-full bg-white-light rounded-xl flex flex-col justify-between border border-white-fade overflow-hidden cursor-default"><div class="p-6 pt-10 pb-0"><p class="text-black font-semibold md:text-2xl">Form 8829</p><p class="text-black-dark font-normal md:text-base text-sm mt-2 line-clamp-3 !leading-[180%]">If you use your home for work, you can deduct things like utilities and supplies used for your home office or storage space used for inventory from your taxes. Use this form to figure out how much you can deduct.</p></div><div class="pb-6"><hr class="h-px w-full text-[#F1F1F1] mb-6"/><a class="text-grey-500 tracking-[1px] font-semibold p-6 pt-0" href="https://flyfin.tax/tax-forms/form-8829">LEARN MORE →</a></div></div></div><div class="swiper-slide mb-7 md:cursor-pointer cursor-not-allowed" data-swiper-slide-index="4"><div class="w-full h-full bg-white-light rounded-xl flex flex-col justify-between border border-white-fade overflow-hidden cursor-default"><div class="p-6 pt-10 pb-0"><p class="text-black font-semibold md:text-2xl">Form 1099</p><p class="text-black-dark font-normal md:text-base text-sm mt-2 line-clamp-3 !leading-[180%]">If you're self-employed, this is the form that the people who pay you use to report those payments to the IRS. Here's what you need to know about it.</p></div><div class="pb-6"><hr class="h-px w-full text-[#F1F1F1] mb-6"/><a class="text-grey-500 tracking-[1px] font-semibold p-6 pt-0" href="https://flyfin.tax/tax-forms/1099-form">LEARN MORE →</a></div></div></div><div class="swiper-slide mb-7 md:cursor-pointer cursor-not-allowed" data-swiper-slide-index="5"><div class="w-full h-full bg-white-light rounded-xl flex flex-col justify-between border border-white-fade overflow-hidden cursor-default"><div class="p-6 pt-10 pb-0"><p class="text-black font-semibold md:text-2xl">Losing a 1099 form</p><p class="text-black-dark font-normal md:text-base text-sm mt-2 line-clamp-3 !leading-[180%]">If you've lost a 1099 that was sent to you, fear not. Here's what you can do if it happens.</p></div><div class="pb-6"><hr class="h-px w-full text-[#F1F1F1] mb-6"/><a class="text-grey-500 tracking-[1px] font-semibold p-6 pt-0" href="https://flyfin.tax/tax-forms/1099-form/losing-a-1099-form">LEARN MORE →</a></div></div></div><div class="swiper-slide mb-7 md:cursor-pointer cursor-not-allowed" data-swiper-slide-index="6"><div class="w-full h-full bg-white-light rounded-xl flex flex-col justify-between border border-white-fade overflow-hidden cursor-default"><div class="p-6 pt-10 pb-0"><p class="text-black font-semibold md:text-2xl">Form 1099-NEC</p><p class="text-black-dark font-normal md:text-base text-sm mt-2 line-clamp-3 !leading-[180%]">Entities that pay you for services as a freelancer or independent contractor report those payments to the IRS using this 1099 form.</p></div><div class="pb-6"><hr class="h-px w-full text-[#F1F1F1] mb-6"/><a class="text-grey-500 tracking-[1px] font-semibold p-6 pt-0" href="https://flyfin.tax/tax-forms/1099-nec">LEARN MORE →</a></div></div></div><div class="swiper-slide mb-7 md:cursor-pointer cursor-not-allowed" data-swiper-slide-index="7"><div class="w-full h-full bg-white-light rounded-xl flex flex-col justify-between border border-white-fade overflow-hidden cursor-default"><div class="p-6 pt-10 pb-0"><p class="text-black font-semibold md:text-2xl">Form 1099-MISC</p><p class="text-black-dark font-normal md:text-base text-sm mt-2 line-clamp-3 !leading-[180%]">Entities that give you other forms of income as a freelancer or independent contractor, such as prize money or money for healthcare, report those payments to the IRS using this 1099 form.</p></div><div class="pb-6"><hr class="h-px w-full text-[#F1F1F1] mb-6"/><a class="text-grey-500 tracking-[1px] font-semibold p-6 pt-0" href="https://flyfin.tax/tax-forms/1099-misc">LEARN MORE →</a></div></div></div><div class="swiper-slide mb-7 md:cursor-pointer cursor-not-allowed" data-swiper-slide-index="8"><div class="w-full h-full bg-white-light rounded-xl flex flex-col justify-between border border-white-fade overflow-hidden cursor-default"><div class="p-6 pt-10 pb-0"><p class="text-black font-semibold md:text-2xl">Avoid 1099-Misc</p><p class="text-black-dark font-normal md:text-base text-sm mt-2 line-clamp-3 !leading-[180%]">There are ways to lower the amount of tax you pay as a 1099 self-employed individual. Here are five proven strategies.</p></div><div class="pb-6"><hr class="h-px w-full text-[#F1F1F1] mb-6"/><a class="text-grey-500 tracking-[1px] font-semibold p-6 pt-0" href="https://flyfin.tax/tax-forms/1099-misc/how-to-avoid-paying-taxes-on-1099-misc">LEARN MORE →</a></div></div></div><div class="swiper-slide mb-7 md:cursor-pointer cursor-not-allowed" data-swiper-slide-index="9"><div class="w-full h-full bg-white-light rounded-xl flex flex-col justify-between border border-white-fade overflow-hidden cursor-default"><div class="p-6 pt-10 pb-0"><p class="text-black font-semibold md:text-2xl">Form 1099-K</p><p class="text-black-dark font-normal md:text-base text-sm mt-2 line-clamp-3 !leading-[180%]">If you receive payments of $600 or more as a self-employed individual through credit card companies and payment services like PayPal, they report those payments to the IRS using this 1099 form.</p></div><div class="pb-6"><hr class="h-px w-full text-[#F1F1F1] mb-6"/><a class="text-grey-500 tracking-[1px] font-semibold p-6 pt-0" href="https://flyfin.tax/tax-forms/1099-k">LEARN MORE →</a></div></div></div><div class="swiper-slide mb-7 md:cursor-pointer cursor-not-allowed" data-swiper-slide-index="10"><div class="w-full h-full bg-white-light rounded-xl flex flex-col justify-between border border-white-fade overflow-hidden cursor-default"><div class="p-6 pt-10 pb-0"><p class="text-black font-semibold md:text-2xl">Paypal</p><p class="text-black-dark font-normal md:text-base text-sm mt-2 line-clamp-3 !leading-[180%]">Here's how to receive a 1099-K from PayPal and how to use it to file and pay your 1099 taxes.</p></div><div class="pb-6"><hr class="h-px w-full text-[#F1F1F1] mb-6"/><a class="text-grey-500 tracking-[1px] font-semibold p-6 pt-0" href="https://flyfin.tax/tax-forms/1099-k/paypal-1099">LEARN MORE →</a></div></div></div><div class="swiper-slide mb-7 md:cursor-pointer cursor-not-allowed" data-swiper-slide-index="11"><div class="w-full h-full bg-white-light rounded-xl flex flex-col justify-between border border-white-fade overflow-hidden cursor-default"><div class="p-6 pt-10 pb-0"><p class="text-black font-semibold md:text-2xl">Venmo</p><p class="text-black-dark font-normal md:text-base text-sm mt-2 line-clamp-3 !leading-[180%]">Here's how to receive a 1099-K from Venmo and how to use it to file and pay your 1099 taxes.</p></div><div class="pb-6"><hr class="h-px w-full text-[#F1F1F1] mb-6"/><a class="text-grey-500 tracking-[1px] font-semibold p-6 pt-0" href="https://flyfin.tax/tax-forms/1099-k/venmo-1099">LEARN MORE →</a></div></div></div><div class="swiper-slide mb-7 md:cursor-pointer cursor-not-allowed" data-swiper-slide-index="12"><div class="w-full h-full bg-white-light rounded-xl flex flex-col justify-between border border-white-fade overflow-hidden cursor-default"><div class="p-6 pt-10 pb-0"><p class="text-black font-semibold md:text-2xl">Who Receives a 1099-K</p><p class="text-black-dark font-normal md:text-base text-sm mt-2 line-clamp-3 !leading-[180%]">Find out who gets a 1099-K form and how your taxes are affected by it. Learn about the requirements, cutoff points, and typical receivers of this crucial IRS document.</p></div><div class="pb-6"><hr class="h-px w-full text-[#F1F1F1] mb-6"/><a class="text-grey-500 tracking-[1px] font-semibold p-6 pt-0" href="https://flyfin.tax/tax-forms/1099-k/who-receives-a-1099-k">LEARN MORE →</a></div></div></div><div class="swiper-slide mb-7 md:cursor-pointer cursor-not-allowed" data-swiper-slide-index="13"><div class="w-full h-full bg-white-light rounded-xl flex flex-col justify-between border border-white-fade overflow-hidden cursor-default"><div class="p-6 pt-10 pb-0"><p class="text-black font-semibold md:text-2xl">Information Reported on a 1099-K</p><p class="text-black-dark font-normal md:text-base text-sm mt-2 line-clamp-3 !leading-[180%]">Accurate tax reporting can be ensured by learning how to use the 1099-K form and comprehending the information given. Learn about monthly transactions, payer information, and gross payments.</p></div><div class="pb-6"><hr class="h-px w-full text-[#F1F1F1] mb-6"/><a class="text-grey-500 tracking-[1px] font-semibold p-6 pt-0" href="https://flyfin.tax/tax-forms/1099-k/information-reported-on-a-1099-k">LEARN MORE →</a></div></div></div><div class="swiper-slide mb-7 md:cursor-pointer cursor-not-allowed" data-swiper-slide-index="14"><div class="w-full h-full bg-white-light rounded-xl flex flex-col justify-between border border-white-fade overflow-hidden cursor-default"><div class="p-6 pt-10 pb-0"><p class="text-black font-semibold md:text-2xl">How to Use a 1099-K for Tax Filing</p><p class="text-black-dark font-normal md:text-base text-sm mt-2 line-clamp-3 !leading-[180%]">Discover how to properly report 1099-K revenue on your tax return, check amounts against your records, and claim expenses as a deduction. Avert typical errors and make sure your taxes are filed correctly.</p></div><div class="pb-6"><hr class="h-px w-full text-[#F1F1F1] mb-6"/><a class="text-grey-500 tracking-[1px] font-semibold p-6 pt-0" href="https://flyfin.tax/tax-forms/1099-k/how-to-use-a-1099-k-for-tax-filing">LEARN MORE →</a></div></div></div><div class="swiper-slide mb-7 md:cursor-pointer cursor-not-allowed" data-swiper-slide-index="15"><div class="w-full h-full bg-white-light rounded-xl flex flex-col justify-between border border-white-fade overflow-hidden cursor-default"><div class="p-6 pt-10 pb-0"><p class="text-black font-semibold md:text-2xl">Differences Between 1099-K and 1099-MISC</p><p class="text-black-dark font-normal md:text-base text-sm mt-2 line-clamp-3 !leading-[180%]">To accurately report income and prevent tax-related complications, self-employed individuals must understand the fundamental differences between 1099-K and 1099-MISC forms. Learn how to deal with income that is reported on both forms and the IRS standards for figuring out which one to use.</p></div><div class="pb-6"><hr class="h-px w-full text-[#F1F1F1] mb-6"/><a class="text-grey-500 tracking-[1px] font-semibold p-6 pt-0" href="https://flyfin.tax/tax-forms/1099-k/differences-between-1099-k-and-1099-misc">LEARN MORE →</a></div></div></div><div class="swiper-slide mb-7 md:cursor-pointer cursor-not-allowed" data-swiper-slide-index="16"><div class="w-full h-full bg-white-light rounded-xl flex flex-col justify-between border border-white-fade overflow-hidden cursor-default"><div class="p-6 pt-10 pb-0"><p class="text-black font-semibold md:text-2xl">Common Issues with Form 1099-K</p><p class="text-black-dark font-normal md:text-base text-sm mt-2 line-clamp-3 !leading-[180%]">Acquire knowledge on managing differences between income that is reported and what is really received, fixing inaccurate 1099-K forms, and settling conflicts with payment processors. For self-employed people to guarantee appropriate tax reporting, this information is crucial.</p></div><div class="pb-6"><hr class="h-px w-full text-[#F1F1F1] mb-6"/><a class="text-grey-500 tracking-[1px] font-semibold p-6 pt-0" href="https://flyfin.tax/tax-forms/1099-k/common-issues-with-form-1099-k">LEARN MORE →</a></div></div></div><div class="swiper-slide mb-7 md:cursor-pointer cursor-not-allowed" data-swiper-slide-index="17"><div class="w-full h-full bg-white-light rounded-xl flex flex-col justify-between border border-white-fade overflow-hidden cursor-default"><div class="p-6 pt-10 pb-0"><p class="text-black font-semibold md:text-2xl">Preparing for Tax Season with a 1099-K</p><p class="text-black-dark font-normal md:text-base text-sm mt-2 line-clamp-3 !leading-[180%]">Get tips for handling tax season by using a 1099-K. Learn how to properly arrange your documents, seek advice from a tax expert, and use tax software to ensure accurate reporting.</p></div><div class="pb-6"><hr class="h-px w-full text-[#F1F1F1] mb-6"/><a class="text-grey-500 tracking-[1px] font-semibold p-6 pt-0" href="https://flyfin.tax/tax-forms/1099-k/preparing-for-tax-season-with-a-1099-k">LEARN MORE →</a></div></div></div><div class="swiper-slide mb-7 md:cursor-pointer cursor-not-allowed" data-swiper-slide-index="18"><div class="w-full h-full bg-white-light rounded-xl flex flex-col justify-between border border-white-fade overflow-hidden cursor-default"><div class="p-6 pt-10 pb-0"><p class="text-black font-semibold md:text-2xl">Filing Requirements for eBay Sellers</p><p class="text-black-dark font-normal md:text-base text-sm mt-2 line-clamp-3 !leading-[180%]">Learn about the necessary tax filing requirements for eBay sellers, such as IRS compliance, estimated tax payments, and deadlines. Use our professional guide to stay compliant and stay out of trouble.</p></div><div class="pb-6"><hr class="h-px w-full text-[#F1F1F1] mb-6"/><a class="text-grey-500 tracking-[1px] font-semibold p-6 pt-0" href="https://flyfin.tax/tax-forms/1099-k/filing-requirements-for-ebay-sellers">LEARN MORE →</a></div></div></div><div class="swiper-slide mb-7 md:cursor-pointer cursor-not-allowed" data-swiper-slide-index="19"><div class="w-full h-full bg-white-light rounded-xl flex flex-col justify-between border border-white-fade overflow-hidden cursor-default"><div class="p-6 pt-10 pb-0"><p class="text-black font-semibold md:text-2xl">Tax Implications of Selling on eBay</p><p class="text-black-dark font-normal md:text-base text-sm mt-2 line-clamp-3 !leading-[180%]">Recognize the state-specific tax ramifications, self-employment tax, and sales tax duties while selling on eBay. The purpose of this article is to assist independent contractors in understanding the intricacies of eBay sales tax.</p></div><div class="pb-6"><hr class="h-px w-full text-[#F1F1F1] mb-6"/><a class="text-grey-500 tracking-[1px] font-semibold p-6 pt-0" href="https://flyfin.tax/tax-forms/1099-k/tax-implications-of-selling-on-ebay">LEARN MORE →</a></div></div></div><div class="swiper-slide mb-7 md:cursor-pointer cursor-not-allowed" data-swiper-slide-index="20"><div class="w-full h-full bg-white-light rounded-xl flex flex-col justify-between border border-white-fade overflow-hidden cursor-default"><div class="p-6 pt-10 pb-0"><p class="text-black font-semibold md:text-2xl">eBay 1099 and Tax Planning Strategies</p><p class="text-black-dark font-normal md:text-base text-sm mt-2 line-clamp-3 !leading-[180%]">As an eBay seller, learn crucial tactics to reduce tax obligations, optimize tax write-offs, and handle predicted quarterly tax payments. Find out how much money to set away for taxes, and get tailored guidance from a tax expert.</p></div><div class="pb-6"><hr class="h-px w-full text-[#F1F1F1] mb-6"/><a class="text-grey-500 tracking-[1px] font-semibold p-6 pt-0" href="https://flyfin.tax/tax-forms/1099-k/ebay-1099-and-tax-planning-strategies">LEARN MORE →</a></div></div></div><div class="swiper-slide mb-7 md:cursor-pointer cursor-not-allowed" data-swiper-slide-index="21"><div class="w-full h-full bg-white-light rounded-xl flex flex-col justify-between border border-white-fade overflow-hidden cursor-default"><div class="p-6 pt-10 pb-0"><p class="text-black font-semibold md:text-2xl">Form 1099-MISC VS Form 1099-NEC</p><p class="text-black-dark font-normal md:text-base text-sm mt-2 line-clamp-3 !leading-[180%]">Understand what makes these 1099 forms different from each other and what they mean for you as a 1099 freelancer, independent contractor or self-employed individual.</p></div><div class="pb-6"><hr class="h-px w-full text-[#F1F1F1] mb-6"/><a class="text-grey-500 tracking-[1px] font-semibold p-6 pt-0" href="https://flyfin.tax/tax-forms/1099-nec-vs-1099-misc">LEARN MORE →</a></div></div></div><div class="swiper-slide mb-7 md:cursor-pointer cursor-not-allowed" data-swiper-slide-index="22"><div class="w-full h-full bg-white-light rounded-xl flex flex-col justify-between border border-white-fade overflow-hidden cursor-default"><div class="p-6 pt-10 pb-0"><p class="text-black font-semibold md:text-2xl">Form 1040-ES</p><p class="text-black-dark font-normal md:text-base text-sm mt-2 line-clamp-3 !leading-[180%]">This vital tax form for self-employed individuals and freelancers is how they pay quarterly taxes, which they need to estimate (ES means estimated taxes).</p></div><div class="pb-6"><hr class="h-px w-full text-[#F1F1F1] mb-6"/><a class="text-grey-500 tracking-[1px] font-semibold p-6 pt-0" href="https://flyfin.tax/tax-forms/1040-es-form">LEARN MORE →</a></div></div></div><div class="swiper-slide mb-7 md:cursor-pointer cursor-not-allowed" data-swiper-slide-index="23"><div class="w-full h-full bg-white-light rounded-xl flex flex-col justify-between border border-white-fade overflow-hidden cursor-default"><div class="p-6 pt-10 pb-0"><p class="text-black font-semibold md:text-2xl">1099 A form</p><p class="text-black-dark font-normal md:text-base text-sm mt-2 line-clamp-3 !leading-[180%]">The 1099-A form is received when an owned property has been foreclosed. This form is reported on Schedule D after calculating capital gain or loss.</p></div><div class="pb-6"><hr class="h-px w-full text-[#F1F1F1] mb-6"/><a class="text-grey-500 tracking-[1px] font-semibold p-6 pt-0" href="https://flyfin.tax/tax-forms/1099-form/1099-A">LEARN MORE →</a></div></div></div><div class="swiper-slide mb-7 md:cursor-pointer cursor-not-allowed" data-swiper-slide-index="24"><div class="w-full h-full bg-white-light rounded-xl flex flex-col justify-between border border-white-fade overflow-hidden cursor-default"><div class="p-6 pt-10 pb-0"><p class="text-black font-semibold md:text-2xl">1099 B form</p><p class="text-black-dark font-normal md:text-base text-sm mt-2 line-clamp-3 !leading-[180%]">A 1099-B form is an informational return form for recording the sale of investments by brokerages. This is reported on Form 8949 and Schedule D.</p></div><div class="pb-6"><hr class="h-px w-full text-[#F1F1F1] mb-6"/><a class="text-grey-500 tracking-[1px] font-semibold p-6 pt-0" href="https://flyfin.tax/tax-forms/1099-form/1099-B">LEARN MORE →</a></div></div></div><div class="swiper-slide mb-7 md:cursor-pointer cursor-not-allowed" data-swiper-slide-index="25"><div class="w-full h-full bg-white-light rounded-xl flex flex-col justify-between border border-white-fade overflow-hidden cursor-default"><div class="p-6 pt-10 pb-0"><p class="text-black font-semibold md:text-2xl">1099 G form</p><p class="text-black-dark font-normal md:text-base text-sm mt-2 line-clamp-3 !leading-[180%]">The 1099-G form is used to report payments made by governments to individuals. Unemployment compensation should be reported on Schedule 1 (Form 1040).</p></div><div class="pb-6"><hr class="h-px w-full text-[#F1F1F1] mb-6"/><a class="text-grey-500 tracking-[1px] font-semibold p-6 pt-0" href="https://flyfin.tax/tax-forms/1099-form/1099-G">LEARN MORE →</a></div></div></div><div class="swiper-slide mb-7 md:cursor-pointer cursor-not-allowed" data-swiper-slide-index="26"><div class="w-full h-full bg-white-light rounded-xl flex flex-col justify-between border border-white-fade overflow-hidden cursor-default"><div class="p-6 pt-10 pb-0"><p class="text-black font-semibold md:text-2xl">1099 SA form</p><p class="text-black-dark font-normal md:text-base text-sm mt-2 line-clamp-3 !leading-[180%]">The 1099-SA form is an informational form that reports distributions from your health plan. This is filed on Form 8889 or Form 8853 and attached to Form 1040.</p></div><div class="pb-6"><hr class="h-px w-full text-[#F1F1F1] mb-6"/><a class="text-grey-500 tracking-[1px] font-semibold p-6 pt-0" href="https://flyfin.tax/tax-forms/1099-form/1099-SA">LEARN MORE →</a></div></div></div><div class="swiper-slide mb-7 md:cursor-pointer cursor-not-allowed" data-swiper-slide-index="27"><div class="w-full h-full bg-white-light rounded-xl flex flex-col justify-between border border-white-fade overflow-hidden cursor-default"><div class="p-6 pt-10 pb-0"><p class="text-black font-semibold md:text-2xl">1099 and Taxes: Knowing the Various Form Types</p><p class="text-black-dark font-normal md:text-base text-sm mt-2 line-clamp-3 !leading-[180%]">To guarantee correct tax reporting and compliance, familiarize yourself with the several kinds of 1099 forms, their functions, and the filing requirements. Find out which form you require for interest income, dividend income, miscellaneous income, non-employee remuneration, and more.</p></div><div class="pb-6"><hr class="h-px w-full text-[#F1F1F1] mb-6"/><a class="text-grey-500 tracking-[1px] font-semibold p-6 pt-0" href="https://flyfin.tax/tax-forms/1099-form/understanding-different-types-of-1099-forms">LEARN MORE →</a></div></div></div><div class="swiper-slide mb-7 md:cursor-pointer cursor-not-allowed" data-swiper-slide-index="28"><div class="w-full h-full bg-white-light rounded-xl flex flex-col justify-between border border-white-fade overflow-hidden cursor-default"><div class="p-6 pt-10 pb-0"><p class="text-black font-semibold md:text-2xl">1099 and Taxes: How to Include Income from 1099s on Your Tax Return</p><p class="text-black-dark font-normal md:text-base text-sm mt-2 line-clamp-3 !leading-[180%]">Discover the correct way to include 1099 revenue on your tax return. Comply with a methodical procedure, recognize the need of keeping precise documentation, and learn how to reconcile 1099 revenue with personal data.</p></div><div class="pb-6"><hr class="h-px w-full text-[#F1F1F1] mb-6"/><a class="text-grey-500 tracking-[1px] font-semibold p-6 pt-0" href="https://flyfin.tax/tax-forms/1099-form/how-to-report-1099-income-on-your-tax-return">LEARN MORE →</a></div></div></div><div class="swiper-slide mb-7 md:cursor-pointer cursor-not-allowed" data-swiper-slide-index="29"><div class="w-full h-full bg-white-light rounded-xl flex flex-col justify-between border border-white-fade overflow-hidden cursor-default"><div class="p-6 pt-10 pb-0"><p class="text-black font-semibold md:text-2xl">1099 and Taxes: Typical Errors with 1099 Forms to Avoid</p><p class="text-black-dark font-normal md:text-base text-sm mt-2 line-clamp-3 !leading-[180%]">Discover key mistakes to avoid with 1099 tax forms. Learn about accurate income reporting, correct form usage, meeting deadlines, and best record-keeping practices to ensure tax compliance and avoid penalties.</p></div><div class="pb-6"><hr class="h-px w-full text-[#F1F1F1] mb-6"/><a class="text-grey-500 tracking-[1px] font-semibold p-6 pt-0" href="https://flyfin.tax/tax-forms/1099-form/common-mistakes-to-avoid-with-1099-forms">LEARN MORE →</a></div></div></div><div class="swiper-slide mb-7 md:cursor-pointer cursor-not-allowed" data-swiper-slide-index="30"><div class="w-full h-full bg-white-light rounded-xl flex flex-col justify-between border border-white-fade overflow-hidden cursor-default"><div class="p-6 pt-10 pb-0"><p class="text-black font-semibold md:text-2xl">1099 and Taxes: Independent Contractor Tax Deductions</p><p class="text-black-dark font-normal md:text-base text-sm mt-2 line-clamp-3 !leading-[180%]">Navigate the complex tax landscape as a 1099 independent contractor with our comprehensive guide on tax deductions. Learn about QBI, meal and travel costs, home office deductions, and more to optimize your savings and reduce your tax liability.</p></div><div class="pb-6"><hr class="h-px w-full text-[#F1F1F1] mb-6"/><a class="text-grey-500 tracking-[1px] font-semibold p-6 pt-0" href="https://flyfin.tax/tax-forms/1099-form/tax-deductions-for-1099-independent-contractors">LEARN MORE →</a></div></div></div><div class="swiper-slide mb-7 md:cursor-pointer cursor-not-allowed" data-swiper-slide-index="31"><div class="w-full h-full bg-white-light rounded-xl flex flex-col justify-between border border-white-fade overflow-hidden cursor-default"><div class="p-6 pt-10 pb-0"><p class="text-black font-semibold md:text-2xl">Filing 1099 and Taxes for Gig Workers or Freelancers</p><p class="text-black-dark font-normal md:text-base text-sm mt-2 line-clamp-3 !leading-[180%]"> Discover how to file taxes if you work as a gig worker or freelancer. Recognize self-employment taxes, submit estimated taxes on a quarterly basis, and use tax software to streamline the procedure. Learn how to keep track of and classify business spending while adhering to state tax regulations.</p></div><div class="pb-6"><hr class="h-px w-full text-[#F1F1F1] mb-6"/><a class="text-grey-500 tracking-[1px] font-semibold p-6 pt-0" href="https://flyfin.tax/tax-forms/1099-form/filing-taxes-as-a-freelancer-or-gig-worker">LEARN MORE →</a></div></div></div><div class="swiper-slide mb-7 md:cursor-pointer cursor-not-allowed" data-swiper-slide-index="32"><div class="w-full h-full bg-white-light rounded-xl flex flex-col justify-between border border-white-fade overflow-hidden cursor-default"><div class="p-6 pt-10 pb-0"><p class="text-black font-semibold md:text-2xl">1099 and Taxes: Strategies for Contractor Tax Planning</p><p class="text-black-dark font-normal md:text-base text-sm mt-2 line-clamp-3 !leading-[180%]">Discover crucial tax planning strategies for 1099 contractors. Learn how to save for taxes, make quarterly payments, use tax-advantaged accounts, manage variable income, and more to ensure financial stability and compliance.</p></div><div class="pb-6"><hr class="h-px w-full text-[#F1F1F1] mb-6"/><a class="text-grey-500 tracking-[1px] font-semibold p-6 pt-0" href="https://flyfin.tax/tax-forms/1099-form/tax-planning-strategies-for-1099-contractors">LEARN MORE →</a></div></div></div><div class="swiper-slide mb-7 md:cursor-pointer cursor-not-allowed" data-swiper-slide-index="33"><div class="w-full h-full bg-white-light rounded-xl flex flex-col justify-between border border-white-fade overflow-hidden cursor-default"><div class="p-6 pt-10 pb-0"><p class="text-black font-semibold md:text-2xl">Managing 1099 and Taxes: What to Do with a Missing or Inaccurate Form</p><p class="text-black-dark font-normal md:text-base text-sm mt-2 line-clamp-3 !leading-[180%]">Become knowledgeable about managing incomplete or inaccurate 1099 paperwork as a self-employed person. Learn the ins and outs of accurately reporting income, obtaining revised forms, and preventing problems with tax returns.</p></div><div class="pb-6"><hr class="h-px w-full text-[#F1F1F1] mb-6"/><a class="text-grey-500 tracking-[1px] font-semibold p-6 pt-0" href="https://flyfin.tax/tax-forms/1099-form/how-to-handle-a-missing-or-incorrect-1099-form">LEARN MORE →</a></div></div></div><div class="swiper-slide mb-7 md:cursor-pointer cursor-not-allowed" data-swiper-slide-index="34"><div class="w-full h-full bg-white-light rounded-xl flex flex-col justify-between border border-white-fade overflow-hidden cursor-default"><div class="p-6 pt-10 pb-0"><p class="text-black font-semibold md:text-2xl">1099 and Taxes: Predicted Repayments on Income from 1099s</p><p class="text-black-dark font-normal md:text-base text-sm mt-2 line-clamp-3 !leading-[180%]">In order to stay in compliance with IRS requirements and prevent fines, learn how to calculate and submit anticipated tax payments for 1099 revenue. Learn the value of quarterly installments and how to file your estimated taxes using Form 1040-ES.</p></div><div class="pb-6"><hr class="h-px w-full text-[#F1F1F1] mb-6"/><a class="text-grey-500 tracking-[1px] font-semibold p-6 pt-0" href="https://flyfin.tax/tax-forms/1099-form/estimated-tax-payments-for-1099-income">LEARN MORE →</a></div></div></div><div class="swiper-slide mb-7 md:cursor-pointer cursor-not-allowed" data-swiper-slide-index="35"><div class="w-full h-full bg-white-light rounded-xl flex flex-col justify-between border border-white-fade overflow-hidden cursor-default"><div class="p-6 pt-10 pb-0"><p class="text-black font-semibold md:text-2xl">1099 and Taxes: A Guide for Self-Employed Individuals with 1099 Income</p><p class="text-black-dark font-normal md:text-base text-sm mt-2 line-clamp-3 !leading-[180%]">Taking care of your taxes as a self-employed person can be a difficult undertaking. The Internal Revenue Service (IRS) defines a self-employed person as someone earning income from an independent economic activity and is responsible for collecting self-employment taxes. Knowing how to manage self-employment tax and 1099 income is one of the most important things. We will explore the complexities of self-employment tax, its computation techniques, and ways to reduce your tax liability in this post.</p></div><div class="pb-6"><hr class="h-px w-full text-[#F1F1F1] mb-6"/><a class="text-grey-500 tracking-[1px] font-semibold p-6 pt-0" href="https://flyfin.tax/tax-forms/1099-form/1099-income-and-self-employment-tax">LEARN MORE →</a></div></div></div><div class="swiper-slide mb-7 md:cursor-pointer cursor-not-allowed" data-swiper-slide-index="36"><div class="w-full h-full bg-white-light rounded-xl flex flex-col justify-between border border-white-fade overflow-hidden cursor-default"><div class="p-6 pt-10 pb-0"><p class="text-black font-semibold md:text-2xl">IRS Penalties for Not Reporting 1099 and Taxes Income</p><p class="text-black-dark font-normal md:text-base text-sm mt-2 line-clamp-3 !leading-[180%]">Find out how to avoid the harsh penalties associated with failing to submit 1099 income to the IRS. Learn the value of precise and timely reporting to prevent expensive errors.</p></div><div class="pb-6"><hr class="h-px w-full text-[#F1F1F1] mb-6"/><a class="text-grey-500 tracking-[1px] font-semibold p-6 pt-0" href="https://flyfin.tax/tax-forms/1099-form/irs-penalties-for-failing-to-report-1099-income">LEARN MORE →</a></div></div></div><div class="swiper-slide mb-7 md:cursor-pointer cursor-not-allowed swiper-slide-duplicate" data-swiper-slide-index="0"><div class="w-full h-full bg-white-light rounded-xl flex flex-col justify-between border border-white-fade overflow-hidden cursor-default"><div class="p-6 pt-10 pb-0"><p class="text-black font-semibold md:text-2xl">Form 1040</p><p class="text-black-dark font-normal md:text-base text-sm mt-2 line-clamp-3 !leading-[180%]">This is the most common document in the US tax system. It's the master tax return that every American fills out.</p></div><div class="pb-6"><hr class="h-px w-full text-[#F1F1F1] mb-6"/><a class="text-grey-500 tracking-[1px] font-semibold p-6 pt-0" href="https://flyfin.tax/tax-forms/1040-form">LEARN MORE →</a></div></div></div><div class="swiper-slide mb-7 md:cursor-pointer cursor-not-allowed swiper-slide-duplicate" data-swiper-slide-index="1"><div class="w-full h-full bg-white-light rounded-xl flex flex-col justify-between border border-white-fade overflow-hidden cursor-default"><div class="p-6 pt-10 pb-0"><p class="text-black font-semibold md:text-2xl">Form 1040 Schedule C</p><p class="text-black-dark font-normal md:text-base text-sm mt-2 line-clamp-3 !leading-[180%]">Running a business by yourself? This is the tax return 2024 schedule where you report how much (knock on wood) profit you made or how much you (heaven forbid) lost over the course of the year.</p></div><div class="pb-6"><hr class="h-px w-full text-[#F1F1F1] mb-6"/><a class="text-grey-500 tracking-[1px] font-semibold p-6 pt-0" href="https://flyfin.tax/tax-forms/schedule-c">LEARN MORE →</a></div></div></div></div><div class="swiper-button-prev"></div><div class="swiper-button-next"></div><div class="swiper-pagination"></div></div></div></div></section><div class="w-full flex flex-col bg-transparent px-4 lg:px-[120px] pt-12 pb-8 md:py-8"></div><section class="bg-[#FAF9FF] w-full"><div class="2xl:w-[70%] xl:w-[90%] mx-auto grid lg:grid-cols-2 grid-cols-1 gap-4 px-5 xl:gap-20 xl:px-24 pt-8 items-center pb-10 md:mt-20 mt-10"><div class="w-full"><h2 class="md:text-3xl text-2xl text-black font-semibold">What’s FlyFin?</h2><div class="md:text-xl text-base text-[#212121] font-normal lg:whitespace-pre-line md:whitespace-normal whitespace-pre-line mt-4">FlyFin caters to the tax needs of freelancers, gig workers, independent contractors and sole proprietors. But anyone can file taxes through FlyFin! FlyFin tracks all your business expenses automatically using A.I. to find every possible tax deduction. Then, the CPA team files a guaranteed 100% accurate tax return for you – to save you a couple thousand dollars and a ton of time on your Shopify taxes. They’re available to help with every step of the 1099K 2024 process. Download the FlyFin app and have your taxes filed in less than fifteen minutes, saving time and more money on your taxes than last year, guaranteed.</div><div class="grid md:grid-cols-3 grid-cols-1 gap-3 md:my-16 my-8"><div class="flex flex-col justify-start md:items-start items-center gap-4 "> <span style="box-sizing:border-box;display:inline-block;overflow:hidden;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;position:relative;max-width:100%"><span style="box-sizing:border-box;display:block;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;max-width:100%"><img style="display:block;max-width:100%;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0" alt="" aria-hidden="true" src="data:image/svg+xml,%3csvg%20xmlns=%27http://www.w3.org/2000/svg%27%20version=%271.1%27%20width=%2740%27%20height=%2740%27/%3e"/></span><img alt="https://dem95u0op6keg.cloudfront.net/image/PriceCalculator.webp" 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loading="lazy"/></noscript></span><p class="text-black-dark font-semibold md:text-left text-center ">Expert tax CPAs ensure 100%-accurate tax filing</p></div><div class="flex flex-col justify-start md:items-start items-center gap-4 "> <span style="box-sizing:border-box;display:inline-block;overflow:hidden;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;position:relative;max-width:100%"><span style="box-sizing:border-box;display:block;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;max-width:100%"><img style="display:block;max-width:100%;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0" alt="" aria-hidden="true" src="data:image/svg+xml,%3csvg%20xmlns=%27http://www.w3.org/2000/svg%27%20version=%271.1%27%20width=%2740%27%20height=%2740%27/%3e"/></span><img alt="https://dem95u0op6keg.cloudfront.net/image/AiBrain.webp" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" decoding="async" data-nimg="intrinsic" style="position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%"/><noscript><img alt="https://dem95u0op6keg.cloudfront.net/image/AiBrain.webp" srcSet="/_next/image?url=https%3A%2F%2Fdem95u0op6keg.cloudfront.net%2Fimage%2FAiBrain.webp&w=48&q=75 1x, /_next/image?url=https%3A%2F%2Fdem95u0op6keg.cloudfront.net%2Fimage%2FAiBrain.webp&w=96&q=75 2x" src="/_next/image?url=https%3A%2F%2Fdem95u0op6keg.cloudfront.net%2Fimage%2FAiBrain.webp&w=96&q=75" decoding="async" data-nimg="intrinsic" style="position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%" loading="lazy"/></noscript></span><p class="text-black-dark font-semibold md:text-left text-center ">A.I. finds every tax deduction, eliminating 95% of your work</p></div><div class="flex flex-col justify-start md:items-start items-center gap-4 "> <span style="box-sizing:border-box;display:inline-block;overflow:hidden;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;position:relative;max-width:100%"><span style="box-sizing:border-box;display:block;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;max-width:100%"><img style="display:block;max-width:100%;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0" alt="" aria-hidden="true" src="data:image/svg+xml,%3csvg%20xmlns=%27http://www.w3.org/2000/svg%27%20version=%271.1%27%20width=%2740%27%20height=%2740%27/%3e"/></span><img alt="https://dem95u0op6keg.cloudfront.net/image/MoneySack.webp" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" decoding="async" data-nimg="intrinsic" style="position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%"/><noscript><img alt="https://dem95u0op6keg.cloudfront.net/image/MoneySack.webp" srcSet="/_next/image?url=https%3A%2F%2Fdem95u0op6keg.cloudfront.net%2Fimage%2FMoneySack.webp&w=48&q=75 1x, /_next/image?url=https%3A%2F%2Fdem95u0op6keg.cloudfront.net%2Fimage%2FMoneySack.webp&w=96&q=75 2x" src="/_next/image?url=https%3A%2F%2Fdem95u0op6keg.cloudfront.net%2Fimage%2FMoneySack.webp&w=96&q=75" decoding="async" data-nimg="intrinsic" style="position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%" loading="lazy"/></noscript></span><p class="text-black-dark font-semibold md:text-left text-center ">On average users save $3,700</p></div></div><button class="downloadAppBtn bg-[#0D0F0F] hover:bg-[#0d0f0fdc] text-white-light flex items-center gap-2 py-4 px-14 rounded-lg font-semibold lg:mx-0 mx-auto lg:mb-0 mb-8">Get FlyFin App</button></div><div class="relative bg-gray-100 xl:h-[37rem] lg:h-[38rem] h-[30rem] w-full -left-[0.04rem] 3xl:left-[5.5rem] 2xl:left-[5.5rem] xl:left-[5rem] "><span style="box-sizing:border-box;display:block;overflow:hidden;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;position:absolute;top:0;left:0;bottom:0;right:0"><img alt="rightCTAImage" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" decoding="async" data-nimg="fill" style="position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%;object-fit:contain"/><noscript><img alt="rightCTAImage" sizes="100vw" srcSet="/_next/image?url=https%3A%2F%2Fdem95u0op6keg.cloudfront.net%2Fimage%2FwhatsFlyfinRight.png&w=640&q=75 640w, /_next/image?url=https%3A%2F%2Fdem95u0op6keg.cloudfront.net%2Fimage%2FwhatsFlyfinRight.png&w=750&q=75 750w, /_next/image?url=https%3A%2F%2Fdem95u0op6keg.cloudfront.net%2Fimage%2FwhatsFlyfinRight.png&w=828&q=75 828w, /_next/image?url=https%3A%2F%2Fdem95u0op6keg.cloudfront.net%2Fimage%2FwhatsFlyfinRight.png&w=1080&q=75 1080w, /_next/image?url=https%3A%2F%2Fdem95u0op6keg.cloudfront.net%2Fimage%2FwhatsFlyfinRight.png&w=1200&q=75 1200w, /_next/image?url=https%3A%2F%2Fdem95u0op6keg.cloudfront.net%2Fimage%2FwhatsFlyfinRight.png&w=1920&q=75 1920w, /_next/image?url=https%3A%2F%2Fdem95u0op6keg.cloudfront.net%2Fimage%2FwhatsFlyfinRight.png&w=2048&q=75 2048w, /_next/image?url=https%3A%2F%2Fdem95u0op6keg.cloudfront.net%2Fimage%2FwhatsFlyfinRight.png&w=3840&q=75 3840w" src="/_next/image?url=https%3A%2F%2Fdem95u0op6keg.cloudfront.net%2Fimage%2FwhatsFlyfinRight.png&w=3840&q=75" 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data-nimg="intrinsic" style="position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%" loading="lazy"/></noscript></span></div><div>Yes</div></div><div class="flex flex-col items-center justify-center gap-2 cursor-pointer"><div><span style="box-sizing:border-box;display:inline-block;overflow:hidden;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;position:relative;max-width:100%"><span style="box-sizing:border-box;display:block;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;max-width:100%"><img style="display:block;max-width:100%;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0" alt="" aria-hidden="true" src="data:image/svg+xml,%3csvg%20xmlns=%27http://www.w3.org/2000/svg%27%20version=%271.1%27%20width=%2748%27%20height=%2748%27/%3e"/></span><img 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class="font-medium flex flex-row items-center justify-between md:cursor-pointer"><div class="flex flex-row items-center justify-start gap-[24px]"><div><h2 class="flex items-center md:text-base xl:font-semibold py-3.5 xl:py-5">More about FlyFin</h2></div></div><div class="w-4 h-6 my-auto ml-4 mr-2 items-center flex md:mr-3 md:w-6 undefined"><div class="undefined Accordion_accordion_header_toggler__MiYN1 w-8 h-0.25 md:h-0.5 md:w-4 Accordion_line1__F4CEi bg-white"></div><div class="undefined Accordion_accordion_header_toggler__MiYN1 w-8 h-0.25 md:h-0.5 md:w-4 Accordion_line2__2Gd1M bg-white"></div></div></div><div class="ReactCollapse--collapse" style="height:0px;overflow:hidden" aria-hidden="true"><div class="ReactCollapse--content"><div class="pr-4 xl:pr-20"><div class="flex flex-col gap-5 leading-6 pb-6 text-base"><p class="font-light">FlyFin is the world’s #1 A.I. and CPA tax filing service for freelancers, self-employed, business owners, 1099 & W-2 workers. A.I. finds every tax deduction and starts to <a class="border-b" href="https://flyfin.tax/filed-taxes-before">build your tax returns</a>, saving you hours of tedious work. A dedicated CPA prepares your federal & state tax returns from start to finish and ensures your taxes return with precision. A.I. and CPAs work together to make your <a class="border-b" href="https://flyfin.tax/tax-filing">tax filing</a> 20x faster and 5x cheaper. Act now and file your IRS tax returns with FlyFin before the last day to file taxes in 2024.</p><div class="flex flex-col gap-4"><p class="font-semibold">With FlyFin:</p></div><p><span class="font-semibold xl:font-bold">A.I. eliminates 95% of your work: </span>A.I. analyzes your expenses, identifying every tax write-off automatically. This helps freelancers and self-employed individuals filing <a class="border-b" href="https://flyfin.tax/tax-forms/schedule-c">Schedule C</a> with their 1040 forms save $7,800 on average, more than in previous years.</p><p><span class="font-semibold xl:font-bold">Dedicated CPA file taxes from start to finish : </span>You're assigned an expert CPA to prepare your federal and state <a class="border-b" href="https://flyfin.tax/1099-tax-calculator">tax returns</a> for your review and e-sign. When everything is ready and reviewed, the CPA will efile the income tax federal return, and your taxes are complete for the year.</p><p><span class="font-semibold xl:font-bold">Pay quarterly taxes: </span>A.I. & CPAs help you accurately calculate your <a class="border-b" href="https://flyfin.tax/quarterly-tax-calculator">quarterly tax</a> and ensure timely payments to avoid any <a class="border-b" href="https://flyfin.tax/tax-penalty-calculator">IRS penalties.</a></p><p><span class="font-semibold xl:font-bold">Maximum tax refund guaranteed: </span>75% of tax filers miss out on taking all deductions. A.I. doesn’t forget anything and keeps track of every deduction 24/7. A dedicated CPA reviews every deduction, calculates your taxes precisely and suggests tax-saving strategies.</p><p><span class="font-semibold xl:font-bold">Federal & state taxes covered - No hidden costs: </span>Our tax team members are experts in all aspects of US & international taxes. We file federal and state tax returns for all types of <a class="border-b" href="https://flyfin.tax/business/organization">entities</a> - Sole proprietors, LLCs, S-Corps, K-1s, W-2s, etc.</p><p><span class="font-semibold xl:font-bold">Tax preparer near me: </span>Discover the convenience of virtual assistance with FlyFin, eliminating the need to search for a tax preparer. Our A.I. and <a class="border-b" href="https://flyfin.tax/ask-flyfin">expert CPAs</a> are just a click away, ready to guide you through your IRS income tax return.</p><p><span class="font-semibold xl:font-bold">Full audit insurance at no cost: </span>In case of an audit, your CPA handles the IRS. They evaluate your tax situation, prepare responses and communicate with the IRS on your behalf.</p><p><span class="font-semibold xl:font-bold">100% Money back guarantee: </span>We offer a 100% refund if you are dissatisfied with the service & don't want our CPAs to prepare your federal tax returns.</p><p>FlyFin is a more affordable alternative than traditional tax services like TurboTax and H&R Block. FlyFin powers its bank-level security using Mastercard and Plaid, making FlyFin trusted by over 25,000 financial institutions. We protect your name, email address, phone number and more through compliance with the California Consumer Privacy Act, the highest data privacy standard in the US.</p></div></div></div></div></div></div><div class="row-start-3 col-span-full border-grey-footer-bar bg-grey border-t my-8"></div><div class="row-start-4 col-span-full">Copyright © 2024 FlyFin Inc. All Rights Reserved. </div></div></div></div></div></div></div></div><script id="__NEXT_DATA__" type="application/json">{"props":{"pageProps":{"taxForm":"1099-k","subTaxForm":"shopify-1099","dropDownHead":"Shopify","currentTaxFormData":{"topSectionTitle":{"head":"WHAT FREELANCERS NEED TO KNOW:","boldHead":"Filing Shopify 1099 Taxes"},"headerText":"Shopify and \u003cspan style=\"background: linear-gradient(101.76deg, #19ACA4 1.98%, #3563CD 100.59%);\n -webkit-background-clip: text;\n -webkit-text-fill-color: transparent;\n background-clip: text;\n text-fill-color: transparent;\"\u003etaxes\u003c/span\u003e","headerImage":"/image/Tax-Forms-1099K-Shopify_Hero.webp","taxFormBriefText":"These days, many new entrepreneurs are entering the world of e-commerce. With platforms like Shopify, you can now open your own store with a few clicks of a button without needing a brick-and-mortar store. There was already a shift in the e-commerce world, but with the pandemic, travel bans, lockdowns and store closures, billions of consumers worldwide started using Shopify. People switched to online stores with a digital presence.\n\nUntil recently, your Shopify transactions could fly under the Internal Revenue Service’s (IRS) radar. But the IRS has caught on, and now they want full transparency from Shopify and require reports of all transactions, known as the 1099K 2022. You’ll also receive a copy of the Shopify 1099, and you’ll need to hang on to this for tax filing. We’ll walk you through the 1099K 2024 process, including how to get tax info from Shopify, like the \u003ca class=\"font-medium underline text-[#3563CD]\" href=\"https://flyfin.tax/blog/what-is-a-1099-form\"\u003eShopify 1099\u003c/a\u003e, and how to file it.","tableOfContents":[{"headText":"What’s \u003cspan style=\"background: linear-gradient(101.76deg, #19ACA4 1.98%, #3563CD 100.59%);\n -webkit-background-clip: text;\n -webkit-text-fill-color: transparent;\n background-clip: text;\n text-fill-color: transparent;\"\u003eShopify?\u003c/span\u003e","contentText":"Shopify is an e-commerce platform that runs on a subscription basis. It helps businesses sell their products, whether digital or physical. You can sell through an existing website or create your own Shopify store. You can also sell through emails, social media and even in person with the Shopify button.","contentImage1":{"mobile":{"url":"/image/Tax-Forms-1099-k-Shopify-Info-1_Mobile.png","width":375,"height":739},"desktop":{"url":"/image/Tax-Forms-1099-k-Shopify-Info-1_Desktop.png","width":990,"height":351},"altText":"Shopify for Small Business: Ecommerce, Blog \u0026 Global SellingImage promoting Shopify for small businesses with features like online shop, ecommerce website \u0026 blog, built-in SEO, global selling in foreign currencies. Ideal for entrepreneurs and small business owners.","title":"Shopify for Small Business: Ecommerce, Blog \u0026 Global Selling"}},{"headText":"Does Shopify report \u003cspan style=\"background: linear-gradient(101.76deg, #19ACA4 1.98%, #3563CD 100.59%);\n -webkit-background-clip: text;\n -webkit-text-fill-color: transparent;\n background-clip: text;\n text-fill-color: transparent;\"\u003eto the IRS?\u003c/span\u003e","contentText":"Shopify is required to report certain transactions to the IRS. When a business owner makes a transaction, Shopify reports this information using \u003ca class=\"font-medium underline text-[#3563CD]\" href=\"https://flyfin.tax/tax-forms/1099-k\"\u003eForm 1099-K\u003c/a\u003e. \n\nWhen you sell something using Shopify, this gets recorded on your Shopify 1099 and matches the one sent to the IRS. You’ll need this form when it comes time to file your taxes. This process is similar for other payment apps like \u003ca class=\"font-medium underline text-[#3563CD]\" href=\"https://flyfin.tax/tax-forms/1099-k/paypal-1099\"\u003ePaypal\u003c/a\u003e and \u003ca class=\"font-medium underline text-[#3563CD]\" href=\"https://flyfin.tax/tax-forms/1099-k/venmo-1099\"\u003eVenmo\u003c/a\u003e. \n\nIf you use Shopify for personal use, these transactions typically don’t get reported to the IRS. But most people these days set up their Shopify account to make profit for their business."},{"headText":"Does Shopify collect \u003cspan style=\"background: linear-gradient(101.76deg, #19ACA4 1.98%, #3563CD 100.59%);\n -webkit-background-clip: text;\n -webkit-text-fill-color: transparent;\n background-clip: text;\n text-fill-color: transparent;\"\u003esales tax?\u003c/span\u003e","contentText":"Shopify isn’t required to collect \u003ca class=\"font-medium underline text-[#3563CD]\" href=\"https://flyfin.tax/tax-tips/sales-tax-deduction\"\u003esales tax\u003c/a\u003e from users. The platform doesn’t fall under the IRS marketplace facilitator requirements, unlike eBay or Amazon, which require stores to collect sales tax. So if you’re a Shopify seller, it’s up to you to remit the Shopify sales tax to your relevant state. \n\nHowever, you can set up your account to have Shopify sales tax automatically taken out. There are a few steps to take when it comes to setting up your Shopify sales tax settings.","contentImage1":{"mobile":{"url":"/image/Tax-Forms-1099-k-Shopify-Info-2_Mobile.png","width":375,"height":882},"desktop":{"url":"/image/Tax-Forms-1099-k-Shopify-Info-2_Desktop.png","width":990,"height":460},"altText":"Image shows steps to set up sales tax on Shopify. Includes informing Shopify where to collect taxes, setting up shipping options with sales tax, adding warehouse locations, indicating taxable items, and recording tax-exempt customers.","title":"Shopify Tax Setup \u0026 Management"}},{"headText":"Does Shopify \u003cspan style=\"background: linear-gradient(101.76deg, #19ACA4 1.98%, #3563CD 100.59%);\n -webkit-background-clip: text;\n -webkit-text-fill-color: transparent;\n background-clip: text;\n text-fill-color: transparent;\"\u003esend you a 1099?\u003c/span\u003e","contentText":"There’s always something new with the IRS, and they love keeping taxpayers on their toes. Ever heard of the $600 1099-K threshold? This is the new requirement for anyone earning and using online platforms. \nBefore 2022, the requirements were different and certainly more lenient. You’d only receive a 1099-K if you:\n\n\u003cul class=\"list-disc lg:pl-8 pl-4\"\u003e\u003cli class=\"md:text-xl text-base\"\u003eHad at least 200 transactions \u003c/li\u003e\n\u003cli class=\"md:text-xl text-base\"\u003eMade at least $20,000\u003c/li\u003e\u003c/ul\u003e\nSo don’t be surprised if you receive a Shopify 1099K 2022 in your inbox. But you can be prepared by using a \u003ca class=\"font-medium underline text-[#3563CD]\" href=\"https://flyfin.tax/1099-tax-calculator\"\u003e1099 taxes calculator\u003c/a\u003e to calculate your \u003ca class=\"font-medium underline text-[#3563CD]\" href=\"https://flyfin.tax/quarterly-tax-calculator\"\u003eestimated taxes\u003c/a\u003e."},{"headText":"How to get \u003cspan style=\"background: linear-gradient(101.76deg, #19ACA4 1.98%, #3563CD 100.59%);\n -webkit-background-clip: text;\n -webkit-text-fill-color: transparent;\n background-clip: text;\n text-fill-color: transparent;\"\u003e1099 from Shopify\u003c/span\u003e","contentText":"If you’re wondering how to get tax info from Shopify, it’s pretty simple. By January 31, Shopify will send you an email with your Shopify 1099. You can also receive a copy of your Shopify 1099 through the app.","contentImage1":{"mobile":{"url":"/image/Tax-Forms-1099-k-Shopify-Info-3_Mobile.png","width":375,"height":445},"desktop":{"url":"/image/Tax-Forms-1099-k-Shopify-Info-3_Desktop.png","width":990,"height":325},"altText":"Instructions to access Shopify 1099 form. Steps include opening the app, logging in, clicking on payments section, and accessing documents. No mention of self-employment, freelancer or taxes.","title":"Shopify Payments: Accessing 1099 Documents"}},{"headText":"What if I don’t receive a \u003cspan style=\"background: linear-gradient(101.76deg, #19ACA4 1.98%, #3563CD 100.59%);\n -webkit-background-clip: text;\n -webkit-text-fill-color: transparent;\n background-clip: text;\n text-fill-color: transparent;\"\u003e1099K 2022 from Shopify?\u003c/span\u003e","contentText":"The IRS still wants you to report your earnings if you don’t receive a 1099K 2022 from Shopify. If you made over $600, you might need to contact Shopify. It could be that your information is incorrect and needs updating. \n\nIf you made less than $600 with Shopify, you might not receive a 1099K 2022. But the IRS still expects you to pay \u003ca class=\"font-medium underline text-[#3563CD]\" href=\"https://flyfin.tax/self-employment-tax-calculator\"\u003eself-employment taxes\u003c/a\u003e if you made $400 or more."},{"headText":"Shopify taxes \u003cspan style=\"background: linear-gradient(101.76deg, #19ACA4 1.98%, #3563CD 100.59%);\n -webkit-background-clip: text;\n -webkit-text-fill-color: transparent;\n background-clip: text;\n text-fill-color: transparent;\"\u003eoverseas\u003c/span\u003e","contentText":"Think you can escape U.S. taxes by taking your transactions overseas? Well, think again! Shopify expanded its global market and is reaching customers internationally. But all the global attention brings taxes into the spotlight. Now countries are realizing they need to tax sellers on their sales and anyone selling to customers abroad too. \n\nMost countries have a form of sales tax, Goods and Services Tax (GST) or Value-Added Tax (VAT). \n \nVAT can be found globally in places like Europe and the gulf region. It is the tax added to a product at each stage of the process or each time value is added from development. \n\nGST can also be found across the globe, including New Zealand, Australia and Canada. The process works in a similar manner to VAT, with taxes added at each stage of manufacturing. \n\nYou’ll need to pay Shopify taxes if you sell products in countries that implement these tax systems against e-commerce sellers. The Shopify taxes will vary depending on the country. For example, in Europe, the threshold is €10,000 for every member.","quickTipText":"You can set up your Shopify account to take GST or VAT at checkout. The amount will be sent to you and you’ll need to remit the money to the relevant tax authority.\nOnce you’ve remitted your Shopify taxes, you’ll need to file taxes and return the taxes to the relevant tax authority."}],"whatsFlyFinText":"FlyFin caters to the tax needs of freelancers, gig workers, independent contractors and sole proprietors.\n\nBut anyone can file taxes through FlyFin! FlyFin tracks all your business expenses automatically using A.I. to find every possible tax deduction. \n\nThen, the CPA team files a guaranteed 100% accurate tax return for you – to save you a couple thousand dollars and a ton of time on your Shopify taxes. They’re available to help with every step of the 1099K 2024 process. \n\nDownload the FlyFin app and have your taxes filed in less than fifteen minutes, saving time and more money on your taxes than last year, guaranteed.","whatsFlyFinBadgeData":[{"imageUrl":"/image/PriceCalculator.webp","label":"Expert tax CPAs ensure\n 100%-accurate tax filing"},{"imageUrl":"/image/AiBrain.webp","label":"A.I. finds every tax deduction,\n eliminating 95% of your work"},{"imageUrl":"/image/MoneySack.webp","label":"On average users\n save $3,700"}],"whatsFlyFinRightImage":{"url":"/image/whatsFlyfinRight.png","width":305,"height":615},"metas":{"title":"Shopify 1099 Taxes For Freelancers and Business Owners: a Guide | FlyFin","desc":"Here's how to navigate new IRS regulations related to online payments using apps like Shopify, which might be sending you a 1099 this year."}},"carouselData":[{"endPoint":"1040-form","head":"Form 1040","supportedText":"This is the most common document in the US tax system. It's the master tax return that every American fills out.","link":"https://flyfin.tax/tax-forms/1040-form"},{"endPoint":"schedule-c","head":"Form 1040 Schedule C","supportedText":"Running a business by yourself? This is the tax return 2024 schedule where you report how much (knock on wood) profit you made or how much you (heaven forbid) lost over the course of the year.","link":"https://flyfin.tax/tax-forms/schedule-c"},{"endPoint":"schedule-se","head":"Form 1040 Schedule SE","supportedText":"SE stands for self-employment tax, and this is where people who make a living working for themselves or freelancing pay Social Security and Medicare taxes.","link":"https://flyfin.tax/tax-forms/schedule-se"},{"endPoint":"form-8829","head":"Form 8829","supportedText":"If you use your home for work, you can deduct things like utilities and supplies used for your home office or storage space used for inventory from your taxes. Use this form to figure out how much you can deduct.","link":"https://flyfin.tax/tax-forms/form-8829"},{"endPoint":"1099-form","head":"Form 1099","supportedText":"If you're self-employed, this is the form that the people who pay you use to report those payments to the IRS. Here's what you need to know about it.","link":"https://flyfin.tax/tax-forms/1099-form"},{"endPoint":"losing-a-1099-form","head":"Losing a 1099 form","supportedText":"If you've lost a 1099 that was sent to you, fear not. Here's what you can do if it happens.","link":"https://flyfin.tax/tax-forms/1099-form/losing-a-1099-form"},{"endPoint":"1099-nec","head":"Form 1099-NEC","supportedText":"Entities that pay you for services as a freelancer or independent contractor report those payments to the IRS using this 1099 form.","link":"https://flyfin.tax/tax-forms/1099-nec"},{"endPoint":"1099-misc","head":"Form 1099-MISC","supportedText":"Entities that give you other forms of income as a freelancer or independent contractor, such as prize money or money for healthcare, report those payments to the IRS using this 1099 form.","link":"https://flyfin.tax/tax-forms/1099-misc"},{"endPoint":"how-to-avoid-paying-taxes-on-1099-misc","head":"Avoid 1099-Misc","supportedText":"There are ways to lower the amount of tax you pay as a 1099 self-employed individual. Here are five proven strategies.","link":"https://flyfin.tax/tax-forms/1099-misc/how-to-avoid-paying-taxes-on-1099-misc"},{"endPoint":"1099-k","head":"Form 1099-K","supportedText":"If you receive payments of $600 or more as a self-employed individual through credit card companies and payment services like PayPal, they report those payments to the IRS using this 1099 form.","link":"https://flyfin.tax/tax-forms/1099-k"},{"endPoint":"paypal-1099","head":"Paypal","supportedText":"Here's how to receive a 1099-K from PayPal and how to use it to file and pay your 1099 taxes.","link":"https://flyfin.tax/tax-forms/1099-k/paypal-1099"},{"endPoint":"venmo-1099","head":"Venmo","supportedText":"Here's how to receive a 1099-K from Venmo and how to use it to file and pay your 1099 taxes.","link":"https://flyfin.tax/tax-forms/1099-k/venmo-1099"},{"endPoint":"who-receives-a-1099-k","head":"Who Receives a 1099-K","supportedText":"Find out who gets a 1099-K form and how your taxes are affected by it. Learn about the requirements, cutoff points, and typical receivers of this crucial IRS document.","link":"https://flyfin.tax/tax-forms/1099-k/who-receives-a-1099-k"},{"endPoint":"information-reported-on-a-1099-k","head":"Information Reported on a 1099-K","supportedText":"Accurate tax reporting can be ensured by learning how to use the 1099-K form and comprehending the information given. Learn about monthly transactions, payer information, and gross payments.","link":"https://flyfin.tax/tax-forms/1099-k/information-reported-on-a-1099-k"},{"endPoint":"how-to-use-a-1099-k-for-tax-filing","head":"How to Use a 1099-K for Tax Filing","supportedText":"Discover how to properly report 1099-K revenue on your tax return, check amounts against your records, and claim expenses as a deduction. Avert typical errors and make sure your taxes are filed correctly.","link":"https://flyfin.tax/tax-forms/1099-k/how-to-use-a-1099-k-for-tax-filing"},{"endPoint":"differences-between-1099-k-and-1099-misc","head":"Differences Between 1099-K and 1099-MISC","supportedText":"To accurately report income and prevent tax-related complications, self-employed individuals must understand the fundamental differences between 1099-K and 1099-MISC forms. Learn how to deal with income that is reported on both forms and the IRS standards for figuring out which one to use.","link":"https://flyfin.tax/tax-forms/1099-k/differences-between-1099-k-and-1099-misc"},{"endPoint":"common-issues-with-form-1099-k","head":"Common Issues with Form 1099-K","supportedText":"Acquire knowledge on managing differences between income that is reported and what is really received, fixing inaccurate 1099-K forms, and settling conflicts with payment processors. For self-employed people to guarantee appropriate tax reporting, this information is crucial.","link":"https://flyfin.tax/tax-forms/1099-k/common-issues-with-form-1099-k"},{"endPoint":"preparing-for-tax-season-with-a-1099-k","head":"Preparing for Tax Season with a 1099-K","supportedText":"Get tips for handling tax season by using a 1099-K. Learn how to properly arrange your documents, seek advice from a tax expert, and use tax software to ensure accurate reporting.","link":"https://flyfin.tax/tax-forms/1099-k/preparing-for-tax-season-with-a-1099-k"},{"endPoint":"filing-requirements-for-ebay-sellers","head":"Filing Requirements for eBay Sellers","supportedText":"Learn about the necessary tax filing requirements for eBay sellers, such as IRS compliance, estimated tax payments, and deadlines. Use our professional guide to stay compliant and stay out of trouble.","link":"https://flyfin.tax/tax-forms/1099-k/filing-requirements-for-ebay-sellers"},{"endPoint":"tax-implications-of-selling-on-ebay","head":"Tax Implications of Selling on eBay","supportedText":"Recognize the state-specific tax ramifications, self-employment tax, and sales tax duties while selling on eBay. The purpose of this article is to assist independent contractors in understanding the intricacies of eBay sales tax.","link":"https://flyfin.tax/tax-forms/1099-k/tax-implications-of-selling-on-ebay"},{"endPoint":"ebay-1099-and-tax-planning-strategies","head":"eBay 1099 and Tax Planning Strategies","supportedText":"As an eBay seller, learn crucial tactics to reduce tax obligations, optimize tax write-offs, and handle predicted quarterly tax payments. 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