1099-K reporting is informational only. Your taxes are not dependent on the information that is in your 1099-K. If you have correctly reported your rental income, you will not have to amend your taxes.
Articles in this section
- What is a W-9 and why does Yapstone need mine?
- What is a Form 1099-K?
- What is the purpose 1099-K reporting?
- What are the Form 1099-K thresholds?
- What if my TIN or Legal Name is different than what the IRS has?
- I don’t want a 1099-K, I already report my income to the IRS – why do you need to report as well?
- I need the volume split between my SSN and my LLC’s EIN.
- You’ve issued my 1099-K to my LLC, but my LLC was not set up until June 30 of last year. I need the volume split between my SSN and my LLC’s EIN.
- What do I do with the information on Form 1099-K?
- How is “Legal Name” defined?