Will I receive a 1099-K for my group's funds?
Some groups may receive a 1099-K form. In order to receive your 1099-K form you will need to return a W-9 form to MemberPlanet; we will use information reported on your W-9 to create and issue your 1099-K form.
Who will receive a 1099-K?
Groups that collect at least $20k and process at least 200 payments in one calendar year on MemberPlanet will receive a 1099-K form that will be used to file their taxes.
Where do I get a 1099-K form?
MemberPlanet will issue a 1099-K form by January 31st of the following year for groups who submit a W-9 form by December 31st of the tax year.
Where can I get my W-9 form?
Contact email@example.com to request a W-9 for your group.
What happens if I forget to submit a W-9 form?
We will attempt to contact you when we see that your group has exceeded $20k in transfers. We will also cease fund transfers to your account beyond that point to alert you of this issue.
If you have not submitted a W-9 form to us by the December 31st deadline we cannot guarantee that you will receive your 1099-K form by January 31st - so please don't forget!
Please contact firstname.lastname@example.org with any additional questions.