Will I receive a tax form for my winnings?
Yes. If you earn $600 or more in net winnings in a calendar year, Splash Sports is required to issue you a 1099-MISC form. You will receive this form by January 31 of the following year.
I'm a commissioner β do I get a 1099 too?
Yes. Commissioners who earn $600 or more in commissioner rewards in a calendar year will also receive a 1099-MISC from Splash Sports.
How do I access my tax documents?
Tax documents are typically mailed and/or made available electronically. If you believe you should have received a 1099 but haven't, contact our support team at support@splashsports.com with your account email and the tax year in question.
Is it my responsibility to report contest winnings on my taxes?
Yes. All contest winnings are considered taxable income under U.S. tax law, regardless of whether you receive a 1099 form. Splash Sports is not a tax advisor β if you have specific questions about how to report your winnings, we recommend consulting a qualified tax professional.
What information does Splash use to issue my 1099?
Splash Sports uses the name, address, and Social Security Number (SSN) or Taxpayer Identification Number (TIN) associated with your verified account. This is why account verification (KYC) is required before you can withdraw funds. If your information changes, please update your account details and contact support to ensure your tax documents are accurate.
I received a 1099 but I think the amount is wrong β what do I do?
If you believe there is an error on your 1099, contact us at support@splashsports.com with your account email and a description of the discrepancy. Our team will review your account and work with you to resolve any issues as quickly as possible.