Form 1099-K & Payment Types to Report
|
Form: 1099-K What to Report: Payments made with a credit card or payment card, including third party network transactions Amounts to Report: Third party settlement organizations requirement - $20,000 or more in networks transactions and 200 or fewer transactions Merchant acquiring entities (or “merchant banks”) requirement – All amounts Due Date to IRS: February 28 Due Date to Recipient (unless indicated otherwise): (To merchants) January 31 |
- Merchant Card Payments
- Third Party Network Payments
Back to: Information Return Page
Page Last Reviewed or Updated: 2012-08-04
