1099-K

A tax document used to report payment transactions for merchants and freelancers.

What is a 1099-K Form?

The 1099-K form is issued by payment processors to report income from electronic transactions.

1099-K forms are required for tax reporting in the U.S.

Key details about 1099-K include:

  • Reports total gross payments received in a calendar year
  • Issued by payment processors like PayPal and Stripe
  • Thresholds for reporting vary by state and IRS regulations

    • Businesses and freelancers receiving payments via digital platforms should track 1099-K forms for accurate tax filing.

    Related terms
    Payment Retry LogicSSO (Single Sign-On)Metered BillingIdentity Provider (IdP)NocoDB
    Simplify your auth & billing integration
    Stop wrestling with complex billing systems. Our platform connects these services seamlessly, so you can focus on building your product.
    Start for freeSee how it works