Stripe: Fees, Reports, and Tax Forms
Stripe Fee Structure
Stripe collects a fee of 2.9% + $0.30 per successful card transaction. There is no fee for issuing a refund. Sessions Health does not add any transaction fees on top of what Stripe charges. Visit Stripe's Pricing Page for more details.
Tax forms
Does Sessions Health or Stripe issue a 1099-k for taxes at the end of the year?
If you are using Stripe to process payments through Sessions Health, all tax information is held by Stripe and not by Sessions Health. You have ownership of your Stripe account and can login to your Stripe dashboard to find information about your 1099. You can check out this Stripe 1099 article for more information, as well as information on the criteria for Stripe issuing a 1099-k.
For accounts that meet the criteria, to download your 1099-K form, first, click on Settings in the upper right corner.
Next, click on Documents under the Reporting and documents column of the Business settings section. If Stripe has issued a 1099-K for your account, you'll see it listed there.
If you don't meet Stripe's criteria for issuing a 1099-K, you can run a Payout Reconciliation report, which displays your income and stripe fees. After logging in to your Stripe Dashboard, visit Reports > Payout Reconciliation.
From the dropdown, you can select Last Year to see the report for the previous tax year. This report will show the change in balance for the tax year and the fees deducted.
Stripe Reports
At any time, you can run a Payout Reconciliation report, which displays your income and stripe fees. After logging in to your Stripe Dashboard, visit Reports > Payout Reconciliation.
From the dropdown, you can select the desired date range to see the report. This report will show the change in balance for the selected date range and the fees deducted.