1099-K form and tax reporting policy
What is a 1099-K form
The Form 1099-K is used to report payment transactions the seller has received through a third party to the IRS. As a
Will I receive a 1099-K?
SwagDeel is required to report a seller’s earnings if they receive more than $20,000 in revenue and have over 200 transactions during a calendar year. If a seller meets this threshold, SwagDeel will generate a 1099-K for the seller and required to report the seller’s earnings to the Internal Revenue Service (IRS).