Thank you for getting in touch with us about Splash Sports tax policies. Here’s some important information about the 1099 tax form:
📝 1099 Tax Form for Eligible Users
If you qualify to receive a 1099 tax form, you can expect to receive it by mid-late February.
Eligibility: If you have net earnings of $600 or more over the previous year, you will receive the form.
You can access and fill out the tax document within "My Splash Account" under Tax Information.
💡 Understanding Your 1099 Tax Form
The form will include your net earnings from all contests that were completed in the prior year.
Net earnings are typically calculated as:
Winnings - Entry Fees.For further details, please refer to Section 7.3 in our Terms of Use.
📌 Important Notes
Splash Sports does not provide tax advice. If you have additional tax-related questions, we recommend consulting with a tax professional.
We hope this helps clarify the process! If there’s anything else the team can assist you with, please don’t hesitate to reach out.
Thank you,