Tax Forms and 1099 Reporting
Learn how tax reporting works for Athletic Trainers on Go4, including when tax forms are issued, which form you may receive, and where to find additional tax resources.
Athletic Trainers who work shifts through Go4 are classified as independent contractors, not employees. As a result, taxes are not withheld from your payments and you are responsible for reporting your earnings when filing your taxes.
Go4 operates as a Payment Settlement Entity and follows IRS reporting requirements regarding tax form distribution.
Will I Receive a Tax Form?
Depending on your earnings and applicable IRS reporting thresholds for the tax year, you may receive a tax form related to payments processed through the Go4 platform.
Tax forms are generally made available after the close of the calendar year and are distributed in accordance with IRS requirements.
How Go4 Tracks Tax Information
Go4 automatically tracks your earnings and tax reporting information, so you don't need to manage tax forms from multiple organizations you worked with through the platform.
As a Payment Settlement Entity, Go4 follows IRS reporting requirements for Form 1099-K. Currently, a Form 1099-K is generally required only when an Athletic Trainer receives more than $20,000 in gross payments and completes more than 200 transactions through the platform during a calendar year.
If you do not meet these reporting thresholds, you will not receive a Form 1099-K from Go4. However, you are still responsible for reporting any taxable income earned through the platform.
At any time, you can export your financial records from the Finances section of the Go4 app to view and download your earnings for tax reporting purposes.
Which Tax Form Does Go4 Issue?
Go4 does not issue Form 1099-NEC because payments are processed through Go4's payment settlement infrastructure. Instead, eligible Athletic Trainers may receive a Form 1099-K when required under applicable IRS reporting rules.
Important Tax Considerations
As an independent contractor, you may be responsible for:
- Reporting income earned through Go4
- Tracking business-related expenses
- Maintaining records of payments received
- Consulting with a tax professional regarding your individual tax obligations
Go4 cannot provide tax, legal, or accounting advice. For guidance specific to your situation, please consult a qualified tax professional.
FAQs
Will I receive a 1099 from Go4?
Not necessarily. Go4 issues tax forms in accordance with applicable IRS reporting requirements. If you do not meet the IRS reporting thresholds for the tax year, you will not receive a tax form from Go4.
What type of tax form does Go4 issue?
As a Payment Settlement Entity, Go4 issues Form 1099-K when required by IRS regulations. Go4 does not issue Form 1099-NEC for payments processed through the platform.
What are the current IRS reporting thresholds?
Currently, Form 1099-K reporting is generally required when an Athletic Trainer receives more than $20,000 in gross payments and completes more than 200 transactions through the platform during a calendar year.
Please note that IRS reporting requirements are subject to change and Go4 will issue tax forms in accordance with applicable regulations for the reporting year.
What if I don't receive a 1099-K?
You may not receive a Form 1099-K if your earnings and transaction volume do not meet the applicable IRS reporting thresholds.
Even if you do not receive a tax form, you may still be responsible for reporting taxable income earned through Go4. Please consult a qualified tax professional regarding your individual tax obligations.
How can I access my earnings for tax reporting purposes?
You can export your earnings history directly from the FINANCES section of the Go4 app. This report includes income earned through the platform and can be used to assist with tax preparation.
Do I need to collect tax forms from every organization I worked for through Go4?
No. Go4 tracks earnings processed through the platform, eliminating the need to manage tax forms from multiple organizations for work completed through Go4.
Am I an employee of Go4?
No. Athletic Trainers working shifts through Go4 are independent contractors and are not employees of Go4.
As an independent contractor, you are responsible for your own tax reporting and compliance obligations.
Does Go4 withhold taxes from my payments?
No. Go4 does not withhold federal, state, or local taxes from payments made to Athletic Trainers.
You are responsible for managing and paying any applicable taxes on income earned through the platform.
Can Go4 provide tax advice?
No. Go4 cannot provide tax, legal, or accounting advice.
If you have questions regarding tax filing requirements, deductions, business expenses, or reporting obligations, please consult a qualified tax professional.
When are tax forms made available?
Tax forms are typically issued following the close of the calendar year and in accordance with IRS deadlines and reporting requirements.
If you qualify to receive a tax form, additional information will be communicated when forms become available.
Need Additional Help?
If you have questions about your earnings history or accessing financial records within the Go4 app, please contact support@go4.io.