We don’t provide 1099s for download currently. At the end of January, we will mail you a hardcopy of your 1099. Check that the address in your Contributor Account profile is up-to-date to ensure that you receive your form.
Complete a W-9 offline (not in the Tax Center) and email it to firstname.lastname@example.org. We will email your form to our IT department to manually override the system so that you can benefit from the 0% tax rate.
Adobe Stock's system is set up so that you receive a 1099 based on the royalties earned each year.
This is done for several reasons:
- This prevents contributors from “hoarding” royalties and only cashing them out when they feel like paying taxes on them.
- Earning royalties constitutes "constructive receipt" based on IRS rules.
- Even though contributors cannot cash out until they have at least $50, they can technically close their account and receive their royalties.
Please note: royalties are taxed the year you earn them, they are not taxed again when you remove the funds.
Because of a special agreement we have with the IRS, we don't issue forms 1042-S separately to each contributor. However, we can provide a signed document that includes earnings and amount of withholding via email on request. Please email us at email@example.com