Will I be issued a 1099-K form? PlacePay March 07, 2022 17:16 Updated Follow Yes. In accordance with tax law, we provide account holders who process over $600 per calendar year with a Form 1099-K. This threshold was updated by the IRS for the tax year of 2021 and beyond. Related articles Resident: Quick start guide to getting set up to pay! Comments 0 comments Article is closed for comments.
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