1099s are issued each year in January for the prior tax year. The reported amount is net of business fees Side has paid on your behalf. This includes but is not limited to TC fees, external referral fees, and RERM fees.
Taxes due to government entities that Side collects from your transactions are not deducted from your 1099 reportable amount (e.g. taxes due to the City of Los Angeles).
There are two convenient ways to download your 1099 PDF:
- Download via the Side App (will be available last week of January)
1099s are available for download anytime in the Account section of the Side app.
- Email Delivery (by January 31)
1099s are sent electronically through our partner Track1099 and are sent to the business email we have on file for you (the same email you receive payment summaries). Search your inbox for the subject line “You have a 1099 from Side Inc.”.
Note: not all agents are eligible to receive a 1099, due to earning amounts or tax status, ex: if your W9 lists you as an S corporation (S corp) you are exempt. If you do not have access to the form in your Side app, it is because no 1099 was issued. For tax info prior to 2024, please reach out to tax@side.com
The Reports tab in the Side app will allow you to pull Compensation information