How do I bulk upload my 1099-K data using TaxBandits?
194 views | Last modified 11/14/2023 12:04:24 AM EST | Added by TaxBandits Team

TaxBandits provides you with a bulk upload template to upload the data required to complete your 1099-K forms in bulk. 

Follow the steps below to upload your 1099-K data using the TaxBandits Bulk Upload feature.

Step 1:

Sign in to your TaxBandits account.

Step 2:

From the dashboard, Click Start new>>Form>>1099-k

Step 3:

Select the tax year for which you are required to file.

Note: TaxBandits supports the e-filing of 1099 forms for the current and the previous two tax years. 

Step 4:

To bulk upload Form 1099-k form details, click ‘Start Now’ under the ‘Upload Excel Template’ method.

Step 5:

Provide the business details. If you have already added the business details, click ‘Select Business’ and choose the business for which you are required to file. Once done, click 'Save & Continue'.

Step 6:

Download the TaxBandits Template to import the form 1099-k details. To complete the template, follow the instructions provided and save the file. Do not change the file name. 

Step 7:

After filling out the required information in the template, you can either drag and drop the file or select it from your system. Then, Click ‘Continue’ to proceed with filing the form to the IRS.

Step 8:

You will be shown a preview of the records. If you are satisfied that the information is mapped correctly, click ‘Continue to Import’.

Note: Only the preview of the first 10 records will be displayed.

If you think the data isn’t mapped correctly, you can edit the template, make changes, and re-upload.

Step 9:

The forms that are ready to be e-filed will be displayed under the ‘Ready to File’ tab. You can view and edit the forms if required.

If there are any errors in the data you uploaded, they will be displayed under the ‘Error Records’ tab.

You have two options to fix the errors:
 

1. Click ‘Fix Error’ near the corresponding record with errors and make changes manually. 
   
   
    
2. Click the ‘Export Errors’ button at the top, download the template with errors, make changes, and upload the template again with the corrected data.
   
   

After fixing the errors, you can click ‘Continue Filing’ in the ‘Ready to File’ tab. 
 

Step 10:

You can opt-in to State Filing, Online Access, and Postal services on the 'Review and Select Sevices' page. You can add the services for all the recipients using the Bulk Action drop-down. Click ‘Continue’.
 

You will be redirected to the cart. There, you can make your payment and complete the e-filing. After transmitting, you can get the status of your forms via email and text notifications. Learn More