Do we need to report our Headquarterz earnings for taxes?
Yes. If your team earns more than $600, you may receive a 1099 form. For school social clubs and nonprofits, consult your accountant.
Why are we being asked for tax ID or documentation?
To comply with IRS rules and prevent fraud, Headquarterz may request a W-9 or tax exemption letter.
How do we request a 1099 Form?
You’ll receive a 1099 form automatically if you meet the reporting threshold. You can also request one under Settings > Tax Forms.
How do we update our tax information?
Go to Settings > Payouts > Tax Info to submit a new W-9 or update your details.