Tax Guidance for Creators
Locals does not provide tax advice and we urge all of our creators to speak to their financial advisors on all tax matters.
For Stripe’s guidance on Locals sourced revenue see here:
https://support.stripe.com/questions/1099-k-forms-issued-by-stripe
For those creators earning more than $20k a year on Locals, Stripe will issue a 1099 that can be accessed here:
https://dashboard.stripe.com/settings/documents
For those creators earning less than $20k a year on Locals, a report on what revenues were generated can be created as follows:
Go to your Stripe dashboard
Go to Reports
Financial reports
Balance Summary
Select Last Year
Scroll down to payouts
Select Download
For Stripe’s guidance on Locals sourced revenue see here:
https://support.stripe.com/questions/1099-k-forms-issued-by-stripe
For those creators earning more than $20k a year on Locals, Stripe will issue a 1099 that can be accessed here:
https://dashboard.stripe.com/settings/documents
For those creators earning less than $20k a year on Locals, a report on what revenues were generated can be created as follows:
Go to your Stripe dashboard
Go to Reports
Financial reports
Balance Summary
Select Last Year
Scroll down to payouts
Select Download
Updated on: 15/08/2024