What should I do if a payment for Form 1099-K is more than 12 digits?
411 views |Last modified 7/22/2024 2:13:37 AM EST | Added by TaxBandits Team

Applicable To

94X 1099 W-2 ACA W-4

When you E-file Form 1099-K, and if payment amounts exceed 12 digits (e.g., 12,000,000,000.00), you can enter the remaining amount in a separate Form 1099-K for the same recipient. Make sure the payments in both forms are not the same to avoid duplicate discrepancies.