https://ttlc.intuit.com/community/taxes/discussion/is-1099k-the-same-as-1099-misc/01/112604#M47539 Sat, 01 Jun 2019 05:09:31 GMT stanley-joseph 2019-06-01T05:09:31Z https://ttlc.intuit.com/community/taxes/discussion/is-1099k-the-same-as-1099-misc/01/112604#M47539 Sat, 01 Jun 2019 05:09:31 GMT https://ttlc.intuit.com/community/taxes/discussion/is-1099k-the-same-as-1099-misc/01/112604#M47539 stanley-joseph 2019-06-01T05:09:31Z https://ttlc.intuit.com/community/taxes/discussion/no-they-are-not-the-same-form-1099-k-payment-card-and/01/112612#M47545 <P>No, they are not the same.</P><P><B>Form 1099-K</B>, Payment Card and Third Party Network Transactions, is used by credit card companies and third-party processors, like PayPal and Amazon, to report the payment transactions they process for retailers. It reports the gross amount of the transactions, but doesn't include any adjustments for credits, refunds, discounts, fees, etc.</P><P><B>Form 1099-MISC, </B>reports the total amount of payments you received from a company or an individual during the year. It includes your personal information, the payer’s information, and any federal or state withholdings. Different types of payment are found in different boxes.</P><BR /><BR /> Sat, 01 Jun 2019 05:09:33 GMT https://ttlc.intuit.com/community/taxes/discussion/no-they-are-not-the-same-form-1099-k-payment-card-and/01/112612#M47545 Tonita 2019-06-01T05:09:33Z