Revenue Share tax FAQs

Quick answers to common questions about taxes on Revenue Share payouts. ParkingPass isn't a tax advisor. For questions about your community's taxes, talk to a tax professional.

Are Revenue Share payouts taxable?

Yes. Payouts are income to your community and are reportable for tax purposes.

Will we get a 1099?

Stripe sends your community a 1099-K each year if your payout volume meets the IRS reporting threshold.

Which tax ID is used for reporting?

The EIN or SSN you entered during Stripe Connect setup. See Setting up Stripe Connect.

Is sales tax part of our revenue share?

No. State sales tax collected on transactions is handled separately. See State compliance overview.

Who should we ask about our tax situation?

A tax professional. For questions about Stripe's tax forms, contact Stripe support.