Squarespace Payments and 1099-K forms

Squarespace Payments and 1099-K forms

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Last updated October 16, 2026 14:00

Everything you need to know about 1099-K forms.

Form 1099-K is used to report credit and debit card payments, or third-party network payments, you received from selling goods or services. 1099-K forms are only applicable to merchants based in the United States.

Who qualifies for a 1099-K form?

If you are located in the United States and use Squarespace Payments to sell goods or services, you'll receive a 1099-K form only if both federal filing thresholds are met in the same calendar year:

$20,000 in gross payments
More than 200 transactions.

If your state's filing requirements are less than that, you may still receive a 1099-K form based on your state's thresholds.

When will the 1099-K form be available?

Forms will be available to download by 01/31/2026.

Download your 1099-k form

You can download your 1099-k form in the Payments Settings panel:

Open the Payments Settings panel.
Click the Tax forms tab.
Next to the form, click Download.

I didn't receive a 1099-K form, is there anything I should do?

If I use both Stripe and Squarespace Payments during 2025, how will I get my 1099-K forms?

Forms are issued by each payment processor if your activity exceeds the federal or state threshold. If your activity goes over both $20,000 in gross payments and more than 200 transactions in the same calendar year, the payment company will send you a form. If you utilize both Squarespace Payments and Stripe and exceed these thresholds with each platform during the calendar year, you'll receive two separate 1099-K forms. One will be from Stripe, and the other from Squarespace Payments.

What if I need to update my personal or business information on the 1099-K form?

If you have already received your 1099-k form, and noticed the information is incorrect, contact Customer Support.

What if the amount reported on my 1099-k isn’t what I expected?

The amount reported on your 1099-k reflects the gross amount of payments made prior to fees, discounts, fees, taxes, etc. To reconcile fees and costs against the amount reported on your 1099-k, export your sales data from the Accounting panel.

The date funds become available is the date used for tax reporting purposes. For example, your 2025 Form 1099-K might include transactions from late December 2024 if the funds cleared in 2025. To match your 2025 Form 1099-K, include these late 2024 dates in your accounting export.

If you have any questions about your 1099-K form, contact Customer Support.

Why does my 1099-K show my personal information instead of my business details?

If you’re a U.S. based merchant and your business is set up as a Single-Member LLC or Sole Proprietorship, this is expected and correct. Your 1099-K was prepared correctly based on the business structure selected on your account.

The IRS treats Single-Member LLCs and Sole Proprietorships as disregarded entities for federal income tax purposes. This means the IRS does not distinguish between the business and the individual owner when reporting income.

Because of this:

Your 1099-K displays your personal name and Social Security number (SSN).
Your business name, business address, and EIN won’t show on the 1099-K.
The income reported on the 1099-K is typically reported on your personal tax return (for example, Schedule C), along with any eligible business expenses.

If you have questions about how to report this income or whether a different tax election applies to your situation, we recommend consulting a qualified tax professional for personalized guidance.

For more information, you can also refer directly to the IRS.

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Squarespace Payments and 1099-K forms