IRS Form 1099-K "Payment Card and Third Party Network Transactions"

What Is IRS Form 1099-K?

This is a tax form that was released by the Internal Revenue Service (IRS) - a subdivision of the U.S. Department of the Treasury. Check the official IRS-issued instructions before completing and submitting the form.

Form Details:

  • A 8-page form available for download in PDF;
  • Actual and valid for filing 2020 taxes;
  • Editable, printable, and free;
  • Fill out the form in our online filing application.

Download a fillable version of IRS Form 1099-K through the link below or browse more documents in our library of IRS Forms.

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Download IRS Form 1099-K "Payment Card and Third Party Network Transactions"

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Attention:
Copy A of this form is provided for informational purposes only. Copy A appears in red,
similar to the official IRS form. The official printed version of Copy A of this IRS form is
scannable, but the online version of it, printed from this website, is not. Do not print and file
copy A downloaded from this website; a penalty may be imposed for filing with the IRS
information return forms that can’t be scanned. See part O in the current General
Instructions for Certain Information Returns, available at www.irs.gov/form1099, for more
information about penalties.
Please note that Copy B and other copies of this form, which appear in black, may be
downloaded and printed and used to satisfy the requirement to provide the information to
the recipient.
To order official IRS information returns, which include a scannable Copy A for filing with
the IRS and all other applicable copies of the form, visit www.IRS.gov/orderforms. Click on
Employer and Information
Returns, and we’ll mail you the forms you request and their
instructions, as well as any publications you may order.
Information returns may also be filed electronically using the IRS Filing Information Returns
Electronically (FIRE) system (visit www.IRS.gov/FIRE) or the IRS Affordable Care Act
Information Returns (AIR) program (visit www.IRS.gov/AIR).
See IRS Publications 1141, 1167, and 1179 for more information about printing these tax
forms.
Attention:
Copy A of this form is provided for informational purposes only. Copy A appears in red,
similar to the official IRS form. The official printed version of Copy A of this IRS form is
scannable, but the online version of it, printed from this website, is not. Do not print and file
copy A downloaded from this website; a penalty may be imposed for filing with the IRS
information return forms that can’t be scanned. See part O in the current General
Instructions for Certain Information Returns, available at www.irs.gov/form1099, for more
information about penalties.
Please note that Copy B and other copies of this form, which appear in black, may be
downloaded and printed and used to satisfy the requirement to provide the information to
the recipient.
To order official IRS information returns, which include a scannable Copy A for filing with
the IRS and all other applicable copies of the form, visit www.IRS.gov/orderforms. Click on
Employer and Information
Returns, and we’ll mail you the forms you request and their
instructions, as well as any publications you may order.
Information returns may also be filed electronically using the IRS Filing Information Returns
Electronically (FIRE) system (visit www.IRS.gov/FIRE) or the IRS Affordable Care Act
Information Returns (AIR) program (visit www.IRS.gov/AIR).
See IRS Publications 1141, 1167, and 1179 for more information about printing these tax
forms.
1010
VOID
CORRECTED
FILER'S name, street address, city or town, state or province, country, ZIP
FILER’S TIN
OMB No. 1545-2205
or foreign postal code, and telephone no.
Payment Card and
PAYEE’S TIN
Third Party
2019
Network
1a Gross amount of payment
Transactions
card/third party network
transactions
$
1099-K
Form
1b Card Not Present
2 Merchant category code
Copy A
transactions
For
$
Check to indicate transactions
Check to indicate if FILER is a (an):
reported are:
Internal Revenue
Payment settlement entity (PSE)
3 Number of payment
4 Federal income tax
Payment card
Service Center
transactions
withheld
Electronic Payment Facilitator
$
(EPF)/Other third party
Third party network
File with Form 1096.
PAYEE’S name
5a January
5b February
$
$
For Privacy Act
5c March
5d April
and Paperwork
$
$
Street address (including apt. no.)
Reduction Act
Notice, see the
5e May
5f June
2019 General
$
$
Instructions for
5g July
5h August
Certain Information
Returns.
$
$
City or town, state or province, country, and ZIP or foreign postal code
5i September
5j October
$
$
PSE’S name and telephone number
5k November
5l December
$
$
Account number (see instructions)
2nd TIN not.
6 State
7 State identification no.
8 State income tax withheld
$
$
1099-K
Form
Cat. No. 54118B
www.irs.gov/Form1099K
Department of the Treasury - Internal Revenue Service
Do Not Cut or Separate Forms on This Page
Do Not Cut or Separate Forms on This Page
VOID
CORRECTED
FILER'S name, street address, city or town, state or province, country, ZIP
FILER’S TIN
OMB No. 1545-2205
or foreign postal code, and telephone no.
Payment Card and
PAYEE’S TIN
Third Party
2019
Network
1a Gross amount of payment
Transactions
card/third party network
transactions
$
1099-K
Form
1b Card Not Present
2 Merchant category code
Copy 1
transactions
For State Tax
$
Check to indicate transactions
Check to indicate if FILER is a (an):
reported are:
Department
Payment settlement entity (PSE)
3 Number of payment
4 Federal income tax
Payment card
transactions
withheld
Electronic Payment Facilitator
$
(EPF)/Other third party
Third party network
PAYEE’S name
5a January
5b February
$
$
5c March
5d April
$
$
Street address (including apt. no.)
5e May
5f June
$
$
5g July
5h August
$
$
City or town, state or province, country, and ZIP or foreign postal code
5i September
5j October
$
$
PSE’S name and telephone number
5k November
5l December
$
$
Account number (see instructions)
6 State
7 State identification no.
8 State income tax withheld
$
$
1099-K
Form
www.irs.gov/Form1099K
Department of the Treasury - Internal Revenue Service
CORRECTED (if checked)
FILER'S name, street address, city or town, state or province, country, ZIP
FILER’S TIN
OMB No. 1545-2205
or foreign postal code, and telephone no.
Payment Card and
PAYEE’S TIN
Third Party
2019
Network
1a Gross amount of payment
Transactions
card/third party network
transactions
$
1099-K
Form
1b Card Not Present
2 Merchant category code
Copy B
transactions
For Payee
$
Check to indicate transactions
Check to indicate if FILER is a (an):
reported are:
Payment settlement entity (PSE)
3 Number of payment
4 Federal income tax
Payment card
transactions
withheld
Electronic Payment Facilitator
This is important tax
$
(EPF)/Other third party
Third party network
information and is
being furnished to
PAYEE’S name
5a January
5b February
the IRS. If you are
$
$
required to file a
return, a negligence
5c March
5d April
penalty or other
$
$
Street address (including apt. no.)
sanction may be
imposed on you if
5e May
5f June
taxable income
$
$
results from this
transaction and the
5g July
5h August
IRS determines that it
$
$
City or town, state or province, country, and ZIP or foreign postal code
has not been
reported.
5i September
5j October
$
$
PSE’S name and telephone number
5k November
5l December
$
$
Account number (see instructions)
6 State
7 State identification no.
8 State income tax withheld
$
$
1099-K
Form
(Keep for your records)
www.irs.gov/Form1099K
Department of the Treasury - Internal Revenue Service
Instructions for Payee
Box 1b. Shows the aggregate gross amount of all reportable payment
You have received this form because you have either (a) accepted
transactions made to you through the PSE during the calendar year
payment cards for payments, or (b) received payments through a third
where the card was not present at the time of the transaction or the
party network that exceeded $20,000 in gross total reportable
card number was keyed into the terminal. Typically, this relates to
transactions and the aggregate number of those transactions
online sales, phone sales, or catalogue sales. If the box for third party
exceeded 200 for the calendar year. Merchant acquirers and third
network is checked, or if these are third party network transactions,
party settlement organizations, as payment settlement entities (PSEs),
Card Not Present transactions will not be reported.
must report the proceeds of payment card and third party network
transactions made to you on Form 1099-K under Internal Revenue
Box 2. Shows the merchant category code used for payment card/
Code section 6050W. The PSE may have contracted with an
third party network transactions (if available) reported on this form.
electronic payment facilitator (EPF) or other third party payer to make
Box 3. Shows the number of payment transactions (not including
payments to you.
refund transactions) processed through the payment card/third party
If you have questions about the amounts reported on this form,
network.
contact the FILER whose information is shown in the upper left corner
Box 4. Shows backup withholding. Generally, a payer must backup
on the front of this form. If you do not recognize the FILER shown in
withhold if you did not furnish your TIN or you did not furnish the
the upper left corner of the form, contact the PSE whose name and
correct TIN to the payer. See Form W-9, Request for Taxpayer
phone number are shown in the lower left corner of the form above
Identification Number and Certification, and Pub. 505. Include this
your account number.
amount on your income tax return as tax withheld.
See the separate instructions for your income tax return for using
Boxes 5a–5l. Shows the gross amount of payment card/third party
the information reported on this form.
network transactions made to you for each month of the calendar
Payee's taxpayer identification number (TIN). For your protection,
year.
this form may show only the last four digits of your TIN (social security
Boxes 6–8. Shows state and local income tax withheld from the
number (SSN), individual taxpayer identification number (ITIN),
payments.
adoption taxpayer identification number (ATIN), or employer
identification number (EIN)). However, the issuer has reported your
Future developments. For the latest information about developments
complete TIN to the IRS.
related to Form 1099-K and its instructions, such as legislation
Account number. May show an account number or other unique
enacted after they were published, go to www.irs.gov/Form1099K.
number the PSE assigned to distinguish your account.
Box 1a. Shows the aggregate gross amount of payment card/third
party network transactions made to you through the PSE during the
calendar year.

Browse IRS Form 1099-K by Year

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