How will I report my Dabble income?
Beginning in 2012. the IRS requires that Dabble exclude payments from 1099-MISC reporting that are processed by credit card or third party processor (e.g. Venmo). As such, since all Dabble teachers are paid via Venmo, Dabble will not be issuing 1099-MISC forms to teachers. Unfortunately, this is not optional. You should be able to track your income through your own statements but if you need any support with determining your total feel free to reach out to email@example.com.
If Dabble payments to a teacher total more than $25,000 in a year, the processor (i.e. Venmo) will send the teacher a 1099-K. However, if a teacher is paid less than $25,000 via Venmo teachers will not receive a 1099.