Why do I have to fill out a W-9 ?
All US citizens and resident aliens are required to fill out a W-9 when earning additional income. Your W-9 is used to report your earnings and send the necessary tax forms come tax season where eligible.
If your earnings are from Threadless and you earn over $600 in a calendar year, you will receive a 1099 form with your income earned to file along with your taxes.
Artist Shop Earnings
If earnings are from your Artist Shop, eligible Shop owners will receive a 1099-K . Eligible means you are in the US and earn $20,000 in merchandise revenue AND 200 orders in a calendar year.
Threadless + Artist Shop Earnings
If you receive earnings from both Threadless and your Artist Shop, you’ll receive a 1099 form for your earnings over $600 on Threadless and a 1099-K for eligible Artist Shop earnings as stated above.
Regardless of whether you receive a 1099 or not, it is your responsibility alone to report any income from Threadless and Artist Shops.