Zelle® does not report transactions made on the Zelle Network® to the IRS. The law requiring certain payment networks to provide forms 1099K for information reporting does not apply to the Zelle Network®. Beginning with the 2020 tax year, the IRS will require businesses to report nonemployee compensation on the new Form 1099-NEC instead of on Form 1099-MISC. Businesses will use this form if they made payments totaling $600 or more to certain nonemployees, such as an independent contractor. So, you should receive a 1099-NEC from the person paying you, as they are required to do so. However, even if you do not, you are still required to report the income on your tax returns.