$20K
Federal 1099-K threshold
$150+/hr
Typical CPA rate
3
Processors, one worksheet
<5 min
Time to reconcile
Payment processors report your gross volume to the IRS. But that number includes refunds, chargebacks, fees, and sales tax — money you never kept. The result? Your 1099-K can overstate your actual taxable income, sometimes by thousands of dollars.
What the IRS sees
Form 1099-K
$90,690.00
Gross payment volume reported by Shopify Payments, PayPal, and Stripe combined.
Shopify Payments: $52,410.00
PayPal: $26,180.00
Stripe: $12,100.00
Your actual income
After TaxMatch reconciliation
$74,209.41
Actual taxable income after all IRS-recognized adjustments.
Without reconciliation, you could overpay taxes on $16,480.59 of non-income payments.
Built for e-commerce sellers who are tired of guessing why their 1099-K doesn't match their actual income.
Connect Shopify Payments, PayPal, and Stripe. TaxMatch consolidates all your 1099-K forms into one reconciliation.
Generate a professional PDF reconciliation worksheet you can hand to your CPA or attach to your tax filing.
TaxMatch deducts refunds, chargebacks, processing fees, and sales tax — showing why your 1099-K is higher than actual income.
Automatically finds and explains differences between your 1099-K and calculated gross, with severity ratings.
Don't wait until tax season. Get quarterly snapshots so you're never surprised by a discrepancy.
Use as a Shopify embedded app or as a standalone web SaaS. Same data, same experience.
Move the sliders to see how much of your reported gross isn't income — no signup, just the math.
Illustrative — adjust to your own numbers. Shopify Payments & Stripe are typically 2.9% + 30¢.
Without reconciliation, you could overpay tax on $17,140 of money that isn't income.
Shopify Payments, PayPal, and Stripe each issue their own form. The IRS expects your reported income to reconcile with the sum of all of them — and this is exactly where manual reconciliation goes wrong.
PayPal issues its own separate form. Miss it and your return can look like it underreports income — a mismatch the IRS flags automatically.
Two or three forms have to be summed without double-counting overlapping transactions. TaxMatch reconciles every processor into one clean worksheet.
Processors report by payout date, not order date — so a December sale can land on next year’s 1099-K. A spreadsheet quietly gets this wrong; TaxMatch accounts for it.
All data encrypted in transit
Follows the IRS’s own method
AES-256-GCM encryption at rest
Enterprise compliance standards
Go from confused about your 1099-K to handing your CPA a professional worksheet in under 5 minutes.
Link your payment processors or upload transaction data. Shopify Payments, PayPal, and Stripe auto-connect in seconds.
TaxMatch maps your 1099-K gross to actual income — deducting refunds, fees, chargebacks, and sales tax automatically.
Download an IRS-ready reconciliation worksheet (PDF + CSV) to hand to your CPA or attach directly to your filing.
Your reconciliation summary, processor breakdown, and IRS worksheet — all in one clean dashboard.
Reconciliation Overview
Tax Year 2025 — 3 processors connected
1099-K Gross
$90,690.00
Reported by processors
Actual Income
$74,209.41
After adjustments
Total Adjustments
-$16,480.59
18.2% of gross
Discrepancies
0
All clear
Pick the plan that fits your business. Upgrade or downgrade anytime.
For individual sellers with one store.
For growing sellers with multiple processors.
For high-volume sellers and agencies.
All plans include a 30-day free trial. No commitment required.
Stop wrestling with spreadsheets. See why sellers switch to TaxMatch.
Everything you need to know about 1099-K reconciliation and TaxMatch.
Your 1099-K reports gross — not what you actually kept. Refunds, fees, chargebacks, and sales tax all inflate the number. TaxMatch explains every dollar of the gap.
30-day free trial on every plan. Full access. No commitment.
Sister apps for Shopify sellers: SmartCash · ProfitShield · all JMS Dev Lab apps