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Instructions for Payee Note: The gross amount is the total dollar amount of total reportable
payment transactions without regard to any adjustments for credits,
You have received this form because you have either (a) accepted cash equivalents, discount amounts, fees, refunded amounts,
payment cards for payments, or (b) received payments through a third shipping amounts, or any other amounts. The dollar amount of each
party network in the calendar year reported on this form. Merchant transaction is determined on the date of the transaction.
acquirers and third party settlement organizations, as payment
settlement entities (PSEs), must report the proceeds of payment card Box 1b. Shows the aggregate gross amount of all reportable payment
and third party network transactions made to you on Form 1099-K transactions made to you through the PSE during the calendar year
under Internal Revenue Code section 6050W. The PSE may have where the card was not present at the time of the transaction or the
contracted with an electronic payment facilitator (EPF) or other third card number was keyed into the terminal. Typically, this relates to
party payer to make payments to you. online sales, phone sales, or catalogue sales. If the box for third party
network is checked, or if these are third party network transactions,
If you have questions about the amounts reported on this form, Card Not Present transactions will not be reported.
contact the FILER whose information is shown in the upper left corner
on the front of this form. If you do not recognize the FILER shown in Box 2. Shows the merchant category code used for payment card/
the upper left corner of the form, contact the PSE whose name and third party network transactions (if available) reported on this form.
phone number are shown in the lower left corner of the form above Box 3. Shows the number of payment transactions (not including
your account number. refund transactions) processed through the payment card/third party
Note: For more information on why you received your Form 1099-K, network.
go to www.irs.gov/KnowYour1099K. For information on what to do Box 4. Shows backup withholding. Generally, a payer must backup
with your Form 1099-K, go to www.irs.gov/businesses/what-to-do- withhold if you did not furnish your TIN or you did not furnish the
with-form-1099-k. correct TIN to the payer. See Form W-9, Request for Taxpayer
If the Form 1099-K is related to your business, see Pub. 334 for Identification Number and Certification, and Pub. 505. Include this
more information. If the Form 1099-K is related to your work as part of amount on your income tax return as tax withheld.
the gig economy, go to www.irs.gov/GigEconomy. Boxes 5a–5l. Show the gross amount of payment card/third party
See the separate instructions for your income tax return for using network transactions made to you for each month of the calendar
the information reported on this form. year.
Payee’s taxpayer identification number (TIN). For your protection, Boxes 6–8. Show state and local income tax withheld from the
this form may show only the last four digits of your TIN (social security payments.
number (SSN), individual taxpayer identification number (ITIN), Future developments. For the latest information about developments
adoption taxpayer identification number (ATIN), or employer related to Form 1099-K and its instructions, such as legislation
identification number (EIN)). However, the issuer has reported your enacted after they were published, go to www.irs.gov/Form1099K.
complete TIN to the IRS. Free File Program. Go to www.irs.gov/FreeFile to see if you qualify
Account number. May show an account number or other unique for no-cost online federal tax preparation, e-filing, and direct deposit
number the PSE assigned to distinguish your account. or payment options.
Box 1a. Shows the aggregate gross amount of payment card/third
party network transactions made to you through the PSE during the
calendar year.
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