Since the Tasker is an independent contractor, Hyer will issue a 1099 based on the Tasker’s earnings on the app in a calendar year. Hyer is required to report these Tasker payments to the IRS and also send a copy to the contractor.
1099-NEC and 1099-K - Issuance Criteria
- Hyer will issue a 1099-MISC to Taskers who earn $600+ through the app in a calendar year.
- Hyer will issue a 1099-K to Taskers with 200+ tasks and $20,000+ in gross payments in the calendar year.
1099 issuance is done through Stripe, our 3rd party payment processor.
The deadline for Hyer to send your 1099 form is January 31st.
Hyer IRS Filing
To the extent required by the IRS, Hyer will report payments to Taskers for Tasks performed on the app by filing Form 1099-NEC or 1099-K with IRS.
Tasker Income Tax Filing
Taskers are solely responsible for filing all tax returns and submitting all payments as required by any federal, state, local, or foreign tax authority arising from the payments to Taskers on the Hyer app.
Please refer to the IRS website for specific information on Self-Employment Tax Filing requirements.
Does Hyer Take Taxes out?
No. All Taskers are considered 1099 independent contractors and will not have any taxes withheld. Please refer to the IRS website for specific information on Self-Employment Tax Filing requirements.