# 1099-K Forms

> To comply with IRS requirements Fanatics Collect clients who meet the reporting threshold for the current tax year sales of 5000 or more must provide upto

Source: https://support.fanaticscollect.com/en_us/1099-k-forms-r1OhQAQTeg

Last updated: 2026-07-09T12:32:50.925Z

The IRS recently updated the [reporting threshold](https://www.irs.gov/businesses/understanding-your-form-1099-k#threshold) for receiving a Form 1099-K for tax year 2025 and forward. You’ll only receive one if your total payments for goods or services through the platform exceed $20,000 in gross payments and total more than 200 transactions during the calendar year.

Accounts without valid tax documentation after the deadline may face restrictions, including limited access to certain features.

## Who needs to submit forms

*   U.S. sellers whose sales meet or exceed the IRS reporting threshold for the current tax year
    
*   International sellers must submit a **W-8BEN** (or applicable W-8 form)
    

## Why it’s required

We use this information to determine your tax status and, when applicable, issue an accurate ****Form 1099-K**** in compliance with IRS reporting requirements.

## Submission deadline

To ensure timely tax reporting for 2026, please submit requested tax documentation by ****January 28th, 2027.****

## How to submit your information

1.  You'll receive an email from fanatics@vendorinfo.com with instructions specific to your account
2.  Register or sign in using the _same_ email as your Fanatics Collect account, then follow the link to complete the required tax form(s)
3.  **International sellers:** Download and complete the W-8BEN form and email the finalized document to our Collector Experience team at CS@fanaticscollect.com. We’ll forward it to our Tax team for review. 
4.  Receiving or not receiving a Form 1099-K does not change your obligation to report taxable income. You are responsible for reporting all taxable income, even if you do not receive a Form 1099-K.

If you have questions at any point, [contact us](https://help.fanaticscollect.com/hc/en-us/articles/18437607549853-Contact-Us) and we’ll be happy to help.