PayoutTaxMyFundedFutures taxes and your 1099
Updated November 6, 2026 · For the 2026 tax year
MyFundedFutures sends 1099 tax documents to traders who got payouts, by mail. Who mails yours depends on how you were paid: Rise sends the form for Rise payouts, and MyFundedFutures sends it for direct bank transfers. Nothing is withheld from contractor payouts, so you have to plan for the tax before that envelope shows up.
PayoutTax isn't affiliated with MyFundedFutures. The firm details below come from its "Your 1099 Tax Documents" help page and its affiliate page. I read both on November 6, 2026. Check them for changes.
Who sends your MyFundedFutures 1099
- Paid through Rise? Rise's tax processing department sends your 1099 and mails it to the address on your Rise account. MyFundedFutures says to ask Rise support about timing or status.
- Paid by Plaid/ACH bank transfer? MyFundedFutures mails the 1099 to the address registered on your MyFundedFutures account. For the last tax season, the page gave February 17, 2026 as the mailing date. It hasn't posted a date for 2026 payouts yet.
- It comes by mail. The help page doesn't mention a download, so watch your mailbox in January and February.
- Check both addresses now. If you've moved, update your Rise account and your MyFundedFutures account before the year ends. Paid both ways? Then you may get two forms.
The help page doesn't say which 1099 type it is or whether there's a minimum, so read the form's title when it arrives. If it's a 1099-NEC, the 1099-NEC guide covers what to check.
Affiliate income counts too
The affiliate page says taxes are the sole responsibility of the affiliate. It doesn't say whether affiliate payouts get their own form. Either way, referral money is income, so add it to your payouts when you set money aside.
You can file without the form
A missing or late envelope doesn't change what you owe. For 2026 payments, a business generally has to file a 1099-NEC once it pays you $2,000 or more, but that threshold doesn't decide what's taxable. A payout with no form is still income. Keep your own record of each payout date and amount from your account history and your bank statements, then compare it with the form when it comes.
Your costs won't be on the form either. The 1099 shows what you were paid. Your evaluation fees, resets and activation fees are yours to track and raise with your tax preparer.
What to set aside before January
The form shows up after the year ends, but the tax is due during the year. As one example, a single filer in Texas with $70,000 of W-2 wages and one $5,000 payout in 2026, with no trading costs, would owe about $1,729 in federal tax on it, leaving about $3,271. The Texas guide shows that example in full. Your state, wages and costs will change the answer.
Two dates matter. The January 15, 2027 estimated payment covers the last part of 2026, and payouts go on Schedule C and Schedule SE when you file. The free calculator runs your own numbers with no sign-up. These are estimates, not tax advice, so confirm with a CPA.
Sources
- MyFundedFutures, Your 1099 Tax Documents: Rise vs. Plaid/ACH senders, mailing addresses, the February 17, 2026 date. Read November 6, 2026.
- MyFundedFutures, Becoming an Affiliate with MyFundedFutures: taxes are the affiliate's responsibility. Read November 6, 2026.
- IRS, Am I required to file a Form 1099 or other information return?: $2,000 threshold for 2026
- IRS, 2026 Form 1040-ES: self-employment worksheet and federal due dates
- PayoutTax 2026 tax tables: every figure the calculator used, each with its source
General information, not tax advice. This guide explains common rules for US funded traders; your situation may differ. It isn't a substitute for a licensed CPA or IRS enrolled agent, so review your own numbers with one before you file or pay.