PayoutTaxTradeify taxes and your 1099
Updated November 6, 2026 · For the 2026 tax year
Tradeify doesn't send 1099 tax forms itself. Its help center says the 1099 for your payout income comes from Rise, the company that processes Tradeify payouts. Nothing is withheld from a contractor payout, so the tax is yours to plan for well before any form shows up.
PayoutTax isn't affiliated with Tradeify. The Tradeify details below come from its help article Common FAQs, read on November 6, 2026. Check that page for changes.
Where your Tradeify 1099 comes from
- Rise sends it. Asked whether it sends 1099 tax forms, Tradeify answers "No, Rise does." Look to Rise, not Tradeify support, for the payout form.
- Rise onboarding comes first. Tradeify pays out through Rise (with Plane as an alternative), and you complete KYC with Rise when prompted. Tradeify lists Rise payout verification as a separate step before your first payout; you can start the identity check in your Tradeify dashboard at any time.
- Payouts land in your Rise wallet, and Rise supports bank transfers and crypto withdrawals.
The Tradeify page doesn't say when the form arrives, what threshold applies, or what happens for traders outside the US. For payments made in 2026, the IRS threshold for a 1099-NEC is generally $2,000, and the form is due to you by January 31 of the next year. The threshold doesn't change what's taxable: a payout with no form is still income.
Tradeify receipts are for your costs
Tradeify's own receipts cover what you paid Tradeify. To download one, go to the Billing page in your dashboard, find the transaction in the Transactions table, click "View Transaction" and then "Download". Each receipt shows the transaction ID, order ID, date and amount.
Save them as you go. Evaluation fees, resets and activation fees aren't on any 1099, so these receipts are your record of them to raise with your tax preparer.
What to set aside before January
The form arrives after the year is over, 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 to know: 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. Confirm the final figures with a CPA.
Sources
- Tradeify, Common FAQs: 1099s come from Rise, Rise and Plane payouts, KYC before the first payout, downloading receipts. Read November 6, 2026.
- IRS, Am I required to file a Form 1099 or other information return?: $2,000 threshold for 2026
- IRS, Instructions for Forms 1099-MISC and 1099-NEC: January 31 deadline
- 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.