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Tax & Reporting Information
Tax & Reporting Information
Updated over 2 months ago

Your Responsibilities

  • As an independent contractor, you handle your own federal, state, and local taxes.

  • UrbanMount does not withhold taxes from your payouts.

Income Threshold & 1099 Forms

  • If you earn $5,000 or more (in total payouts) in a calendar year, you’ll typically receive a Form 1099-NEC (or similar form) from Stripe.

  • Access it via your Stripe Express account around tax season.

Bookkeeping Tips

  • Save your Earnings Summaries from the app for year-end or quarterly reporting.

  • Keep track of business expenses (tools, gas, advertising) for potential write-offs.

Dealing with Audits or Inquiries

  • If the IRS or another authority requests info about your UrbanMount earnings, refer to your 1099 forms and your in-app earnings history.

  • You can also contact Support for clarity on your annual totals.

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