Payable makes it easy to import your data in multiple ways to produce the most accurate filings. Forms 1099-MISC and 1099-K can be imported directly for your review, e-filing, and delivery directly from the Taxes page in Payable:
Here you can find sample CSV files with all the supported headers for 1099-MISC and 1099-K forms:
For details about the headers included on these sample files review Setting Up A 1099-MISC & 1099-K Full Form Import.
Make sure to complete your Tax Forms Setup for a particular year from the Taxes page. You will be providing the bulk of the necessary Filer information such as your company name, EIN, address and phone number. Once this is done, the "Import From CSV" button will be enabled at the bottom of the Taxes page. It is important to note that the Tax Year selected in the drop-down applies to the import, so be sure to be in the correct Tax Year.
Recipient information can be provided through the Team Import, the API, or entered manually in the App. Optionally, recipient information can be provided as part of a “Full” tax form import if you haven’t already created team members through other means. After new recipients are created, you will be given the opportunity to invite them to Payable. Recipients will have the ability to fill in any missing legal information (address, SSN, legal name) and opt into e-delivery of their forms.
Finally, Box data (the amounts you report as earnings) is provided by your Tax Form import data. This requires you to ensure that all transaction amounts are properly summed and allocated in the appropriate boxes.
CSV imports are available for customers who execute their payments on other platforms, or have to catch up on payments made before joining Payable or Stripe, or make any other Tax Forms updates. In this section, we’ll go over four different scenarios:
See the next part of the process for:
$0.99 per payment