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February 5, 2023

A Form 1099-K is a tax form used to report certain electronic and credit card payment transactions. The form includes the annual gross amount of all reportable payment transactions made through an individual payment card processor or third-party payment network.

 

See this TurboTax article for more information if you received a 1099-K and are not self-employed.

 

See this TurboTax article for more information if you received a 1099-K and you are self-employed.

 

A Form 1099-MISC reports payments made to others in the course of your trade or business, not including those made to employees or for nonemployee compensation.

 

See this TurboTax article for more information about Form 1099-MISC.

 

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