Can I file a single Form 1099-K if payee has both Payment card and Third-Party Network transactions?
210 views |
Last modified 10/17/2023 7:20:19 AM EST |
Added by TaxBandits Team
No, 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.