My 1099 is not under Tax reports
Why can I find my 1099 for 2023 under tax report. The tax report is about sales tax.
My 1099 is not under Tax reports
Why can I find my 1099 for 2023 under tax report. The tax report is about sales tax.
2 odpowiedzi
Seller_WBnGS7Ix3XiDX
Go to the drop down list (The 3 lines in the upper top corner)
In the middle there will be "Analytics" If you hover over that it will give you some options. One option is "Tax Document Library".
Click on that. It should be there.
Steve_Amazon
Hi @Seller_Y5DV7jOwng5Cn,
Steve from Amazon here, thank you for reaching out. There has been a recent change in tax reporting rules relating to U.S. third-party settlement organizations and payment processors, including Amazon. The law reduces the thresholds from $20,000 in unadjusted gross sales and more than 200 transactions down to $600 and no transaction threshold for IRS Form 1099-K. However, the Internal Revenue Service (IRS) has delayed the effective date of the new reporting threshold, and it will not be applicable for tax year 2023.
For calendar tax year 2023, Amazon is only required to issue a Form 1099-K to you if a seller had:
- More than $20,000 in unadjusted gross sales, and
- More than 200 transactions.
If you did not meet the reporting threshold for the respective tax year, you will not receive an IRS Form 1099-K from Amazon. You can learn more about the threshold changes here.
To see if a 1099-K form was generated for you, you can follow this path. From the Reports section, select Tax document library, followed by the appropriate year, and then Form 1099-K. Click Download PDF link.
Visit this resource for more information.
Thanks,
Steve
