Growing Your Business, Lesson 4: Tracking Your Growth
Section 4:
HoneyBook payments and your taxes


HoneyBook will only report the funds processed through our platform to the IRS if you meet any of the following criteria:

  • You earned $20,000 or more AND processed 200 payments through HoneyBook 
  • You earned $600 or more in HoneyBook referrals


If you earned $20,000 AND processed 200 payments, we will be sending you a 1099-K electronically,
which will go to the email address you have on file at the end of January. You will use this form when preparing your taxes. 


The IRS 1099-K forms do not itemize transactions. If you're looking for itemized reporting, visit your HoneyBook Reports, where you can export itemized data from the Yearly & Monthly Analytics Reports section.


We will send 1099-K documents out at the end of January, at which point we'll also be reporting this data to the IRS. Since we're not tax advisors, you should seek the advice of a tax consultant for additional tax help. 

If you earned $600 or more in our referral program, we will be sending you a 1099-MISC electronically, which will go to the email address you have on file. You will use this form when preparing your taxes. 

We will send 1099-MISC documents out at the end of January, at which point we'll also be reporting this data to the IRS. Since we're not tax advisors, you should seek the advice of a tax consultant for additional tax help. 

If you do not meet any of these thresholds, we will not be sending you any tax forms and will not report anything to the IRS. Although we do not report these earnings to the IRS, you should still report any funds received through HoneyBook. That said, we're not tax advisors and you should seek the advice of a tax consultant!




Congratulations! You made it through Growing Your Business, you ol’ pro! 



This course may be over, but remember: we’re always here to help with anything you need down the line. You can check out our Help Center for articles and videos on every feature you may need, sign up for live webinars hosted by our product experts, or, of course, reach out to our world-class Concierge team. 

You can get in touch via chat by clicking the Question Mark icon on any HoneyBook page, or by emailing [email protected]!

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