How Taxes work on Blerp
Be aware Blerp is not the merchant of record on any transaction and is not involved in processing payments, issuing refunds or managing disputes. Blerp does not provide tax advice. Tax rules differ among countries and states. We recommend you seek professional advice about your specific tax obligations before using Blerp.
Income earned on Blerp is almost always subject to income tax and should be reported in the normal way you report other income.
Disclaimer: This article is neither legal advice nor tax advice. We recommend that you speak to your tax advisor with any questions or concerns about tax reporting.
Income tax
All income received on Blerp is likely to be subject to income tax. We suggest you check the tax rules on receiving donations in your country to determine how to declare your donation income.
1099-K and other tax reports
You can download tax reports from PayPal by following these instructions or for Stripe using these instructions. We will provide you a 1099-NEC only if you earn over 600$ in a given tax year and use payouts via HyperWallet!
Sales tax on Blerp
Disclaimer: This article is neither legal advice nor tax advice. We recommend that you speak to your tax advisor with any questions or concerns about tax reporting.
Blerp as Merchant of Record
Blerp now acts as the Merchant of Record for all sales via Beets and Supporter Packs. This means we automatically handle all sales tax collection and remittance worldwide. You don't need to manage any tax settings or applications - We take care of sales tax for you.
Will I have to pay taxes on donations received on Blerp?
The Donation income that comes from beets and supporter packs are typically subject to income tax. You are responsible for reporting the donation income and paying any applicable income tax. See the ‘Income tax’ section above for more information.