IRS provides updated FAQs on Form 1099-K

FAQs on Form 1099-K (Payment Card and Third Party Network Transactions)

FAQs on Form 1099-K (Payment Card and Third Party Network Transactions)

The IRS today provided updated “frequently asked questions” (FAQs) [PDF 372 KB] on Form 1099-K (Payment Card and Third Party Network Transactions).

According to the accompanying IRS release—IR-2022-230 (December 28, 2022)—the updates include:

  • Definitions
  • General information
  • Individuals


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