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How are totals calculated for 1099-K forms?

1099-K totals, figure out totals for 1099-K

Crystal Abing avatar
Written by Crystal Abing
Updated over 3 months ago

How are totals calculated for 1099-K forms?


​Volumes include all settled/completed credit card transactions or ACH transactions.


​Credit Card processing is summed as Payment Card volume. ACH volume is reported as ‘3rd Party Processing’.

From tax year 2021 forward, volumes will no longer include Spendback and SplitPay volume.

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