If you have no 1099-K in Reports; Tax Document Library then here is why
If your business makes at least $600 in sales per year, Amazon will send you a 1099-K tax form...Starting January 1, 2023 which means your 2022 must follow the old requirements as below:
For calendar tax years before 2023 (2022 tax year and earlier), Amazon is only required to issue a Form1099-K to you if you had:
More than $20,000 in unadjusted gross sales, and
More than 200 transactions.
If you did not meet both these thresholds, you will not receive a Form 1099-K for the 2022 tax year.
If you have no 1099-K in Reports; Tax Document Library then here is why
If your business makes at least $600 in sales per year, Amazon will send you a 1099-K tax form...Starting January 1, 2023 which means your 2022 must follow the old requirements as below:
For calendar tax years before 2023 (2022 tax year and earlier), Amazon is only required to issue a Form1099-K to you if you had:
More than $20,000 in unadjusted gross sales, and
More than 200 transactions.
If you did not meet both these thresholds, you will not receive a Form 1099-K for the 2022 tax year.
0 Antworten
Seller_IFr9zr2K2JZHb
HI- do you have to meet both to get a 1099? I am not sure on the 200 transactions but we have surpassed the $20,000 in sales by far and I cannot locate the 1099 to print? Please help.....are those being mailed?
Rose_Amazon
Hi @Uncle_Pennybags,
Thanks for the post and providing some helpful nuggets to other Sellers. In case you missed it, take a peak at the 1099 or tax forms thread. They are discussing a similar topic and I thought you may want to jump in.
Best Regards,
Rose_Amazon
