Your state follows the federal threshold. A payment processor must file a 1099-K only if you exceed both $20,000 and 200 transactions in a calendar year — on that single platform.

Sample data pre-filled on the first three processors so you can see the verdicts immediately. Replace with your real year-to-date totals to get a personal picture.

Etsy Payments

Etsy issues a 1099-K only for sales processed through Etsy Payments. Sales paid through your own PayPal or other processors do not count here.

$
You will receive a 1099-K

Over the federal threshold of more than $20,000 AND more than 200 transactions — Etsy Payments will issue a 1099-K.

$20K threshold100%
200-txn threshold100%

PayPal

PayPal issues a 1099-K for "goods and services" payments. "Friends and family" transfers do not count toward the threshold.

$
Under threshold

Well under the federal $20,000 / 200-transaction thresholds.

$20K threshold40%
200-txn threshold48%

Venmo

Venmo issues a 1099-K for payments tagged as "goods and services" or received through a business profile. Personal transfers do not count.

$
Under threshold

Well under the federal $20,000 / 200-transaction thresholds.

$20K threshold8%
200-txn threshold11%

Stripe

Stripe issues a 1099-K for any business account that crosses the threshold, including Shopify Payments (which is powered by Stripe).

$
Under threshold

No payments tracked yet for this processor.

$20K threshold0%
200-txn threshold0%

Cash App

Cash App for Business issues a 1099-K. Personal Cash App accounts do not.

$
Under threshold

No payments tracked yet for this processor.

$20K threshold0%
200-txn threshold0%

Square

Square issues a 1099-K for in-person and online sales processed through Square.

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Under threshold

No payments tracked yet for this processor.

$20K threshold0%
200-txn threshold0%

Across all processors

Total YTD gross
$31,500
Total transactions
397
Forms expected
1 1099-K forms expected this year — action required
The 1099-K does not change your tax bill. Every dollar of business income is taxable whether or not a 1099-K is filed. The form is a copy of what the IRS already gets — its only practical effect on you is that the IRS will be looking for that income to appear on your return.

Powered by Ardent Seller — see the full 1099-K Threshold Tracker (2026)