Profit-sharing payments are commission income, so a few tax requirements apply.
W-9 on file
US partners must confirm a W-9 before their first payout. Your tax information is collected securely through Stripe during onboarding; you then confirm it’s on file from the Earnings page. Payouts are blocked until this is done.
Annual totals & the 1099-NEC threshold
Katalyst tracks your cumulative payouts per calendar year. Partners paid $600 or more in a year meet the IRS 1099-NEC reporting threshold. At year end, the team prepares the appropriate reporting for eligible partners.
International partners
Partners outside the US are currently handled on a manual, case-by-case basis and are not paid out automatically. If you’re international and want to participate, contact support.
This article is general information, not tax advice. Consult a tax professional about your specific situation.
➡️ New here? Start with How Partner Profit-Sharing Works.