Before you start
You have access to HoneyBook Tax Hub
Reports only include activity processed through HoneyBook
Some reports appear only if they apply to your account, such as “Capital”
Access and download Tax Hub reports
You can download your Tax Hub reports by following these steps:
From the navigation menu, select Finance > Tax Hub
Go to the “Individual reports” section
Select or customize your timeframe
Select the download icon next to a report, or scroll down and select Download all reports
Tax Hub reports at a glance
Report name | What it shows | What it’s best for |
Payments processed - summary | A summary of all payments processed by HoneyBook | Using as backup documentation for your 1099-K |
Payments processed - detailed list | A detailed list of every payment processed by HoneyBook | Reviewing individual payment activity for reconciliation |
Payments completed | All payments and refunds for a selected period, including client, project, discounts, gratuity, and refunds | Reviewing income and cash flow for a month, year, or custom timeframe |
Sales tax | Taxable and non-taxable amounts, tax collected, and tax refunded, with up to 3 tax rates | Understanding sales tax activity and preparing sales tax filings |
Discounts | Discounts applied to invoices and payments, including pre-discount and net amounts | Seeing how discounts affect your actual income |
Refunds | Refunded payments only, sorted by refund date | Tracking payment adjustments and refunded tax or gratuity |
Fees charged | Payment processing, instant deposit, and HoneyBook Capital origination fees | Identifying payment-related, tax-deductible business expenses |
Capital | Loan balance, payments applied, and remaining principal and fees | Tracking repayment progress for a HoneyBook Capital loan |
Report details and key notes
1099 reports
HoneyBook provides 2 payments processed reports in Tax Hub:
Payments processed - summary: A summary of all payments processed by HoneyBook. Use this report as backup for your 1099-K tax form.
Payments processed - detailed list: A detailed list of all payments processed by HoneyBook
Good to know
Includes only payments processed through HoneyBook
Excludes refunds, discounts, and payments marked as paid
Totals match your HoneyBook 1099-K, if eligible and based in the U.S.
If you need to download your official 1099 tax forms, see Understand your HoneyBook 1099 tax forms.
Other tax reports
Payments completed
Refunds appear as negative amounts
Discounts are split evenly across payments when invoices include multiple payments
Sales tax
Shows taxable and non-taxable amounts separately
Displays refunded tax as negative amounts
Supports up to 3 tax rates for smart file users
Discounts
Shows payment amounts before discounts
Displays discount amounts per payment
Calculates the net amount received after discounts
Refunds
Includes refunded amounts only, not original payment totals
Breaks out taxable, non-taxable, tax, and gratuity amounts refunded
Fees charged
Consolidates payment-related fees into one report
Excludes subscription fees
Net amount reflects payments after fees are deducted
Capital
Available only if you have a HoneyBook Capital loan
Line 2 shows remaining principal and fee
Each following row shows a payment tied to a project
Balances decrease as payments are applied until fully paid
Still have questions? Feel free to send us a message by clicking the Question Mark icon on any HoneyBook page. Our team is always happy to help!
HoneyBook Tax Hub is designed to provide information relevant for tax preparation but does not provide tax, financial, or legal advice. It is not a substitute for a licensed professional. Users are solely responsible for the accuracy and compliance of their filings. We recommend confirming any information given here by seeking the assistance of a licensed professional in your area. We do not guarantee completeness, real-time updates, or assume liability for errors, omissions, or penalties.