Does LCH Issue 1099 Forms to Coaches?

Short answer: No, Life Coach Hub does not issue 1099 forms.

Here’s why.

How Payments Work in LCH Core

Life Coach Hub is a coaching software platform. We do not collect, hold, or distribute client payments on behalf of coaches.

When a client books and pays:

• The payment is processed directly through your connected payment provider (such as Stripe or PayPal).
• The funds go directly to you, not to Life Coach Hub.
• We do not act as the payer of your coaching income.

Because of this structure, we are not responsible for issuing tax forms related to your coaching revenue.

Who Issues the 1099?

If your payment processor meets the IRS reporting thresholds, they may issue:

• Form 1099-K (commonly issued by Stripe, PayPal, etc.)

These forms report your gross payment volume processed through their system.

If you are unsure whether you will receive a 1099-K, please check directly with your payment provider.

Why We Don’t Issue a 1099

1099 forms are issued by:

• The entity that pays you for services, or
• The payment settlement entity that processes your transactions.

Life Coach Hub is neither.

We are a software platform that provides scheduling, onboarding, engagement tools, and storefront functionality — but payments are handled directly by your chosen processor.

What Should I Do for Tax Reporting?

We recommend:

• Downloading your reports directly from Stripe, PayPal, or your payment provider.
• Speaking with your accountant or tax professional about your specific reporting requirements.

Every coach’s situation is different, and your tax advisor will be able to guide you appropriately.