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. You should receive Form 1099-K via USPS in late January or early February if, in the prior calendar year, you tendered payments:
- from card transactions (e.g., debit, credit), and/or
- gross card payments that exceed $20,000, AND
- more than 200 transactions
For more information on understanding form 1099-K, please see the 1099-K information page from the IRS.
To obtain your 1099-K information you have two options:
- If you need an official copy of your 1099-K for your records or to send to the IRS, call TSYS ( now known as Global Payments due to recent acquisition) (877.289.0422) or email TSYS (IntegratedCustomerCare@globalpay.com) to request the official form be mailed to you. The 1099-K breakdown provided electronically in TransLink (seen in step 2 below) may be rejected by the IRS. *NOTE* please consider waiting until mid-February to request a duplicate as the original is most likely en route and has simply not yet been delivered.
- Login into TransLink
Contact email@example.com or firstname.lastname@example.org and request a copy of your 1099-K directly from a MyTime agent. *NOTE* please consider waiting until mid-February to request a duplicate as the original is most likely en route and has simply not yet been delivered.