Note: Brown Paper Tickets cannot provide tax advice. For inquiries regarding how an individual or organization should file their taxes, please contact the IRS or a tax advisor.
Brown Paper Tickets is required by the IRS to send a 1099-K form to all Event Organizers who exceed a threshold set by the IRS.
- For 2023 and previous years, this threshold is $20,000 and 200 transactions paid through the Brown Paper Tickets Credit Card Processor in a given year.
- Starting with the 2024 tax year, the IRS is lowering the reporting threshold to $5,000 and any number of transactions paid through our credit card processor.
- The IRS had originally announced that a threshold of $600 and any number of transactions would take effect starting in 2023, so you may have received a request for a W-9 from Brown Paper Tickets on that basis. The IRS later retracted this change. You can read their announcement about this here.
Are you looking for Brown Paper Tickets' W-9? Find it at this help article: Download Brown Paper Tickets' W-9
Did I meet the threshold?
If you received an email from Tax1099 requesting that you complete a W-9, congratulations--you met the threshold! Keep reading for more information on how Brown Paper Tickets handles this process.
To check your account manually, see View Transactions For Specific Time Frames.
If you did not meet the threshold, you can stop reading here (unless you really like reading about taxes).
Definitions
- W-9 (Request for Taxpayer Identification Number and Certification) - A form that that collects taxpayer information for freelancers, contractors, vendors, and business partners. This information can then be used to complete a 1099-K. More information available at the IRS website.
- 1099-K (Payment Card and Third Party Network Transactions) - A tax document used to report payments received by a third party processor (that's us) on behalf of someone else (that's you). More information available at the IRS website.
What is Tax1099 and how does it work?
Tax1099 is a secure online tax filing service that Brown Paper Tickets has hired to help us prepare and file 1099-K forms. Here's how it works:
- If you meet the threshold, Tax1099 sends an email to the email address on your Brown Paper Tickets account, requesting that you complete a W-9.
- You fill out and submit the W-9 on the Tax1099 website.
- Brown Paper Tickets uses the information provided in your W-9 to prepare a 1099-K, which reports payments that we received on your behalf.
- We use Tax1099 to file the 1099-K and send a copy to you via email and snail mail.
Frequently Asked Questions
Q: Why do I need to fill out a W-9?
A: The W-9 is necessary to collect your taxpayer information, which we use to prepare your 1099-K. This ensures that the information we submit to the IRS matches the information you submit.
Q: I filled out a W-9 last year. Do I have to do it again?
A: If you received a request from Tax1099, please submit a new W-9 to ensure your information is current and accurate. If you did not receive a request then you do not need to submit a W-9.
Q: I submitted my W-9. Did you receive it?
A: W-9s are submitted through the link in your Tax1099 email. If your W-9 was not successfully received, you will be sent another email requesting that you complete it.
Q: I made a mistake on my W-9. How do I update it?
A: Please contact us directly.
Q: I don't need a 1099-K because of X reason.
A: Brown Paper Tickets is required by law to provide a 1099-K to all of our Event Organizers who meet the threshold, despite your organization's tax status (i.e. for-profit or non-profit). Whether or not you use the 1099-K when filing your taxes is up to you. We recommend consulting the IRS or a tax advisor.
Q: My organization is a non-profit/is tax-exempt. Do I still need to provide a W-9?
A: Brown Paper Tickets is required by law to provide a 1099-K to all of our Event Organizers who meet the threshold, including non-profit or tax-exempt organizations. We need a W-9 in order to do this. We recommend consulting the IRS or a tax advisor with any questions.
Q: I haven't received my 1099-K form.
A: 1099-Ks are sent out by Tax1099 via email and snail mail at the end of January to Event Organizers that met the threshold. If you have not received a copy of your 1099-K and it is after January, please contact us.
Q: Where can I view Tax1099's privacy policy?
A: Tax1099 is a secure site that is approved by the IRS. You can view their privacy policy here.
Need more info?
For more information on 1099-K forms and requirements and the change to the reporting threshold, please refer to the IRS website.