Skip to content

Yearli seamlessly integrates with popular software packages to easily and quickly import your data. View Popular Integrations

1099-K

Payment Card and Third Party Network Transactions

Core Performance Premier

1099-K Filing Options

We've made it easy to use to file your 1099-K forms through Yearli. Simply create a Yearli account, enter or import your data, review, update and validate your data, then checkout. It's that easy. We'll file your forms to the IRS/SSA, applicable state agency and send copies to your recipients.

1099-K Filing Deadline

Select your state to see Federal E-file, State, and Recipient deadlines for the current reporting year.
Location
Badge Federal

About Form 1099-K

A payment settlement entity (PSE) must file Form 1099-K for payments made in settlement of reportable payment transactions for each calendar year. A PSE makes a payment in settlement of a reportable payment transaction, that is, any payment card or third party network transaction, if the PSE submits the instruction to transfer funds to the account of the participating payee to settle the reportable payment transaction.

Form 1099-K, Payment Card and Third Party Network Transactions, is an IRS information return used to report certain payment transactions to improve voluntary tax compliance. This includes:

  • payment card transactions (e.g., debit, credit or stored-value cards), and/or
  • settlement of third-party payment network transactions above the minimum reporting thresholds of –
    • gross payments that exceed $600
IRS Instructions for Form 1099-K

Supported 1099-K Forms

We've made it easy to file your1099-K forms. Simply create a Yearli Premier account, import your data directly using our custom template, review your data and checkout. It's that easy. Yearli will file your forms to the IRS and send copies to your recipients.

Core

Performance

Premier

Custom

1099-K

Estimate Your Filing Costs

Call for Pricing and Purchase

Core

Standard
$4.99
Peak Pricing
$5.99

Performance

Standard
$4.99
Peak Pricing
$5.99

Premier

Standard
$4.99
Peak Pricing
$5.99

Custom

Work with experts to develop a solution around your specific needs, letting you control how, when, and where to file. Learn More
View Detailed Pricing
  • Badge grey who files
    Who Files?
    Every PSE or other party which submits instructions to transfer funds to the account of a participating payee, in settlement of reportable payment transactions, must file an information return (Form 1099-K) with respect to each participating payee.
  • Badge blue what to report what is
    What to Report?
    Payment card transactions (e.g., debit, credit or stored-value cards), and/or in settlement of third-party payment network transactions above the minimum reporting thresholds of gross payments that exceed $600 to each participating payee.
  • Badge green why file
    Why File?
    In many instances IRS penalties for not filing correct information returns (Code Section 6721) or correct payee statements (Code Section 6722) may apply. In addition, your payees need this information in order to report income to the IRS.