LenaH
Employee Tax Expert

Get your taxes done using TurboTax

It depends. Why did she receive the 1099-K? 

 

She would have gotten a 1099-K if she received payments:

  • From 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 as follows:
    • For returns for calendar years prior to 2022:
      • Gross payments that exceed $20,000, AND
      • More than 200 such transactions
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"