You will automatically receive a 1099 form from Wonderschool if both of the following federal thresholds are met during the calendar year:

• You received $20,000 or more in payments, and
• You had 200 or more transactions

If you meet both thresholds:

• Wonderschool is required to file a 1099 on your behalf
• Your form will be delivered according to your tax delivery preferences set in Stripe

Important: You will not automatically receive a 1099 form from Wonderschool if you do not meet both thresholds above. Even if you do not receive a 1099 from Wonderschool, you are still responsible for reporting your income when filing your taxes.

If You Still Need a 1099 Form

Some providers request a 1099 form for recordkeeping or tax preparation purposes, even if they did not meet the filing threshold.

In these cases:

• Wonderschool may be able to file a 1099 upon request
• Your tax information must be complete and verified before filing

Before a form can be issued, the following must be true:

• Your Tax Identification Number (TIN) is entered and verified
• Your legal name and address are complete and accurate

If any required information is missing or unverified, filing may be delayed.

Electronic Delivery of 1099 Forms

To receive your 1099 as quickly as possible, you must opt in to electronic delivery in Stripe.

If electronic delivery is not enabled:

• Your form may be delayed
• You may receive it by mail instead

Delivery preferences are managed by the payment processor and must be updated by the provider.

Common Questions

Why did another provider receive a 1099 but I did not?

Providers receive 1099 forms based on individual payment totals and transaction counts. Another provider may have met the federal threshold while you did not.

Does Wonderschool file state tax forms?

No. The 1099 forms discussed here are federal filings. State tax requirements vary and are handled separately.

Can Wonderschool change my delivery preferences for me?

No. For security and compliance reasons, providers must update their own tax delivery preferences in Stripe.

What happens if my TIN is incorrect?

Incorrect or unverified TINs can prevent a 1099 from being filed and may result in IRS penalties. Make sure your tax information is accurate and up to date.