You may qualify to receive a 1099-K form if you meet certain profit and sales thresholds. If you receive a 1099-K, we’re required to send a copy of the same form to the IRS and/or the tax authority of your state.
If you aren’t a US seller and aren’t paid in USD, you won’t receive a 1099-K from Faire.
Federal IRS Requirements
For the 2025 tax year, Faire is required to issue a 1099-K form to you if you met both of these requirements:
- You had greater than $20,000 USD in sales through Faire during the 2025 calendar year, and
- You received more than 200 individual orders through Faire over that same period
This document from the IRS provides further information on these requirements.
If you have multiple active brand accounts on Faire, each account is assessed individually. For brands that have multiple accounts that meet the thresholds, we issue a separate 1099-K for each account.
What is a 1099-K form?
Like other marketplaces, we’re required by US law to send out a 1099-K tax form.
A 1099-K form from Faire reports the total gross sales income you received through Faire payments during the last calendar year. Gross sales include the total sales + shipping cost for orders that were shipped and paid out that year.
Don’t worry, though – you only pay taxes on your profit (gross sales minus expenses including Faire fees and deductions).
While we can’t provide tax advice to our sellers, our goal is to help you understand and navigate these requirements. We want to make dealing with taxes as easy as possible.
For more information on the 1099-K form, you can also check out this IRS article here: https://www.irs.gov/businesses/understanding-your-1099-k
When will I get my 1099-K form?
If you meet both qualifications and opt for electronic form delivery, you can view and download your electronic 1099-K tax form from the Payments and Taxes page in your Faire portal as soon as it's available (usually before January 31st). If you request a mailed form, you should receive it in mid-February.
If you believe you meet the 1099-K requirements through Faire payments within the calendar year but haven’t received a 1099-K form in the mail by the end of February, please let us know and we’ll connect you with a support agent to help.
How do I update how I receive my forms?
If you’d ever like to update how you receive your tax forms, please follow the instructions below:
- Select your profile image in the upper-right corner of your Faire portal
- Choose Account Settings from the drop-down menu
- On the page that loads, select Payments & Taxes
- Check one or both boxes, based on your preference
- Select Save in the lower-right corner of the page
Where can I download my 1099-k form?
To download your 1099-K form:
- Go Export & taxes in your Account settings
- Scroll down to 1099-k Tax Documents
- Find the tax year you’d like to download
- Select the tax form to download it