A 1099-K is the form used to report a company's sales to the U.S. Internal Revenue Service (IRS). This form reports the gross US Dollar amount of payment card transactions settled for a participating Member during the prior year. In addition, the form reflects the Member's legal name and Taxpayer Identification Number (TIN). A 1099-K will be furnished to Members every January, and filed by merchant acquiring entities with the IRS in March. The 1099-K corresponds to each Member's Tax Identification Number (TIN), so if you have multiple accounts with us, you may receive only one form. Also note that the 1099-K is only generated if you had sales during the calendar year. If you did not have any sales, no form would be sent to you.