Why did I get two 1099 forms from Twitch?

Twitch reports subscription and ad revenue on Form 1099-MISC (Box 2, as royalties), while bits are reported separately on Form 1099-NEC. Both count as self-employment income and must be combined on Schedule C.

What can Twitch streamers deduct?

Twitch streamers can deduct streaming equipment (camera, microphone, capture card), software subscriptions, a percentage of internet costs, a home office if used exclusively for streaming, and editing or graphic design software.

Twitch Tax Calculator — Montana 2026

Free Twitch streamer tax calculator for Montana (MT). Includes the 5.9% Montana state income tax plus federal SE tax (15.3%) and federal income tax. Quarterly payment schedule included. No signup required.

Last updated: July 2026·By the GigWiseTax Team·~5 min read · 1,200 words

Quick Answer — Twitch Taxes Montana 2026

Twitch streamers in Montana earning $30,000 net (combined subs, ads, bits, and donations) owe approximately $7,316 total — $4,239 self-employment tax (15.3%) + $1,307 federal income tax + 5.9% Montana state income tax. Quarterly estimated payment: ~$1,829. Subscription and ad revenue arrives on a 1099-MISC, while bits arrive on a separate 1099-NEC — both count as self-employment income.

Key Takeaways

Twitch streamers are independent contractors — Twitch withholds zero taxes
On $30,000 net income: ~$4,239 SE tax + ~$1,307 federal = ~$5,546 total in Montana
Quarterly payments due Apr 15, Jun 16, Sep 15, Jan 15 — ~$1,387 each
Twitch sends two separate 1099 forms — 1099-MISC for subs/ads, 1099-NEC for bits — both must be combined
Streaming equipment, software, and internet percentage are deductible business expenses
File Schedule C — report all Twitch income from both 1099 forms, even without either form

Twitch Tax Calculator 2026IRS Schedule SE

State of Residence

Filing Status

Annual Twitch Net Income — Subs + Ads + Bits + Donations (USD)

Combine amounts from both your 1099-MISC (subs, ads) and 1099-NEC (bits) — both count as self-employment income.

Calculate Twitch Tax Estimate

Ready to file your 1099 taxes?

Compare the best tax software for gig workers in 2026 and see which saves you the most.

See recommended tax software →

Twitch Taxes in Montana — 2026 Guide

How Twitch Taxes Work in Montana

Montana has a 5.9% state income tax rate. Twitch streamers in Montana must make both federal and state quarterly estimated tax payments.

SE Tax

15.3%

Federal (all states)

Federal Tax

10-37%

Based on income

MT State Tax

5.9%

Montana rate

Top Tax Deductions for Twitch Streamers in Montana

Streaming equipment — camera, microphone, capture card, lighting

Software subscriptions — OBS plugins, overlays, editing tools

Internet bill — business use percentage

Home office deduction (dedicated streaming space)

Computer/PC hardware upgrades used for streaming

Graphic design & video editing software

Self-employed health insurance premiums

Half of self-employment tax (SE tax deduction)

Accounting & tax software

Business bank account fees

Twitch classifies all streamers as independent contractors. As a result, you must pay self-employment tax on net earnings of $400 or more. — IRS Self-Employed Tax Center

FAQ — Twitch Taxes in Montana 2026

Q: Do Twitch streamers pay taxes in Montana?

Yes. In Montana, Twitch streamers pay 15.3% SE tax, federal income tax (10-37%), plus 5.9% Montana state income tax.

Q: Do I need quarterly payments in Montana?

Yes. In Montana, you must make both federal (Form 1040-ES) and state quarterly estimated payments if you expect to owe $1,000 or more.

Q: Why does Twitch send two 1099 forms in Montana?

Twitch reports subscription and ad revenue on Form 1099-MISC as royalties, while bits are reported on a separate Form 1099-NEC. Both count as self-employment income in Montana or any other state, and must be added together and reported on Schedule C.

Disclaimer: State tax rates are for estimation purposes only. Not affiliated with Twitch or any government agency. Consult a licensed CPA for advice.

Twitch Tax in Other States