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Splash Sports Tax Policies & 1099-MISC Form

Everything US users need to know about Splash Sports taxes — who receives a 1099-MISC, the mailing timeline, how to review your W-9, and what to know about 1099-K forms from PayPal or Venmo.

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Splash Sports is required by the IRS to issue tax forms to users who meet the earnings threshold. Here's everything you need to know — including how to make sure your information is correct before your form is mailed.


Who Receives a 1099-MISC?

Splash Sports issues a Form 1099-MISC to any user whose net earnings reach $600 or more in a calendar year. This applies to both:

  • Players — based on contest winnings minus entry fees and bonuses

  • Commissioners — based on rewards earned from running contests

Net Winnings = Total Contest Winnings − Entry Fees − Bonuses

If your net earnings are below $600, you won't receive a 1099-MISC from Splash — but you may still have a personal tax obligation. Consult a tax professional if unsure.


When Will I Receive My Form?

  • 1099-MISC forms are filed by February 2 each year

  • Forms are mailed to the address on your account — expect to receive yours by February 20

  • Net winnings are calculated from all transactions between January 1 and December 31 of the prior year, with a final recalculation in January to capture all settled December transactions


How to Review or Update Your Tax Information

Make sure your address and Tax ID are correct before the end of January — address corrections after February 2 may require contacting the IRS directly.

  1. Log in at app.splashsports.com on a computer

  2. Click your profile icon in the top-right corner → My Account

  3. Select Tax Information

  4. Choose one of the following:

    • Already submitted a W-9: Click Review Tax Information to confirm your address and Tax ID are correct

    • Haven't submitted a W-9 yet: Click Start Tax Form and follow the prompts

Need to update your address? Email support@splashsports.com and a specialist will update it for you.


Common Questions

Do I need to complete a W-9 every year? No — your W-9 stays on file once submitted. Only update it if your legal name, Tax ID, or address changes.

I won't reach $600 this year — do I still need a W-9? You only receive a 1099-MISC if net winnings reach $600. But completing your W-9 in advance avoids delays if you do qualify in the future.

My Tax ID looks wrong. Email support@splashsports.com and our team will help correct it.


What About 1099-K Forms from PayPal or Venmo?

If you use PayPal or Venmo for other purposes, those platforms may issue you a 1099-K separately — this is independent of any form from Splash Sports. The 1099-K doesn't distinguish between entry fees you collected and your personal income, which is why running paid contests through Splash (where Splash handles all funds) avoids this issue entirely. Consult a tax professional to understand how any 1099-K you receive interacts with your tax filing.


Tax Advice Disclaimer

Splash Sports does not provide tax advice. For questions about how your winnings affect your personal tax situation, consult a qualified tax professional.

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