Can I file a single Form 1099-K if payee has both Payment card and Third-Party Network transactions?
118 views | Last modified 6/23/2020 9:54:02 AM EST

Applicable To
94X 1099 W-2 ACA W-4

If you have reported payments to the same payee including both payment card and third-party network transactions, you are liable to file a separate Form 1099-K reporting the gross amount from each type.

Was this helpful? Yes No

Sign Up for a
FREE TaxBandits Account!

Register Now

Returning User? Sign in

Couldn't find what you
are looking for?

Contact Us

(704) 684-4751 support@taxbandits.com