1099K not available
I am unable to access my 2023 1099K. All previous years are available. I have not received it in the mail, despite Amazon claiming to have mailed it. "seller support" has advised me to view all transactions and figure it out myself, but that number will not be accurate. I have re-opened the case, to no avail. IRS regulations require that the 1099K be provided by January 31st, but apparently Amazon doesn't feel bound by the law.
1099K not available
I am unable to access my 2023 1099K. All previous years are available. I have not received it in the mail, despite Amazon claiming to have mailed it. "seller support" has advised me to view all transactions and figure it out myself, but that number will not be accurate. I have re-opened the case, to no avail. IRS regulations require that the 1099K be provided by January 31st, but apparently Amazon doesn't feel bound by the law.
6 replies
CR_Amazon
@Seller_5CFaDGZOGlVHK
Hello there, my name is CR and wanted to hop in here to see if I could get you some additional information.
The reason you are not seeing a 1099-K for 2023 may be due to the fact you did not sell a lot in 2023.
I have pulled the below information from this help page, should you want to review further:
Important: Information on this page does not constitute tax, legal, or other professional advice and must not be used as such. If you have other questions, contact your tax, legal, or other professional adviser.
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.
Hope this helps. I realize this may not be the case for you specifically, but wanted to share this in case this fits your situation.
CR_Amazon
