Where do I find my Whatnot earnings for tax purposes? Where do I find my Whatnot earnings for tax purposes?

Where do I find my Whatnot earnings for tax purposes?

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Whether you’re looking for information on a specific transaction or a consolidated report, you can view all your earnings within the Seller Hub on your Whatnot account.

As Whatnot does not process payouts, we do not issue 1099-Ks to sellers.  Rather you may receive a 1099-K from one of our payment processing partners. See here for more information on 1099-Ks. 

Ledger export

You can export ledger detail as a CSV and filter for orders and payouts by date. Coming soon, you’ll also be able to view the fees charged on each order at the ledger level.

Seller statement

All transactions paid out in a calendar year will be included in your annual and, coming soon, monthly seller statements, including both net and gross earnings. The statement will also detail fees and taxes you have been charged. This information may be used to prepare your income tax reporting. Your annual earnings summary will be available for the relevant year early the following year. See here for more information on the amounts detailed on seller statement.

Order detail export (UK and EU users only)

To help with VAT reporting, EU and UK VAT sellers can download their order history.  The order history has all of the data you need to prepare VAT invoices for your buyers. The data is exported in a CSV format to allow for import into VAT invoicing tools. The VAT order download button is found within Seller Hub > Financials  > Statements.

Whatnot does not provide tax, legal, or accounting advice. This material has been prepared for informational purposes only and should not be relied upon for tax, legal, or accounting advice. You should consult your own tax, legal, and accounting advisors before acting on the information above.

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