---
title: What is IRS Form 1099-K?
description: Learn about IRS Form 1099-K, a tax form used for reporting payment card and third-party network transactions. Discover its purpose, where to file it, and find helpful resources to navigate tax compliance effortlessly.
---

[The Learning Center | DiMercurio Advisors ](https://www.dimercurioadvisors.com/learning-center)

# [What is IRS Form 1099-K?](https://www.dimercurioadvisors.com/learning-center/tax-form-library/1099k)

 Written by [John Kirkland EA](https://www.dimercurioadvisors.com/learning-center/author/john-kirkland) | Jan 01, 2018

Understanding the purpose of a tax form or schedule is never a pleasant experience. That's why we created a comprehensive [tax form library](https://www.dimercurioadvisors.com/learning-center/tax-form-library), showcasing the most frequently used tax forms and schedules you may encounter. We believe the process of staying compliant with your taxes should be as effortless as possible.

### General Information

- **What is the form number?**  Form 1099-K
- **What government agency is it filed with? ** The Internal Revenue Service (IRS)
- **What is the form name?**  Payment Card and Third Party Network Transactions
- **What is this form about? ** A payment settlement entity (PSE) must file Form 1099-K for payments made in settlement of reportable payment transactions for each calendar year. A PSE makes a payment in settlement of a reportable payment transaction, that is, any payment card or third party network transaction, if the PSE submits the instruction to transfer funds to the account of the participating payee to settle the reportable payment transaction.

### What does it look like?

### Resources

Looking for more information about this form?  Here are some helpful resources:

- About the form - [https://www.irs.gov/forms-pubs/about-form-1099-k](https://www.irs.gov/forms-pubs/about-form-1099-k)
- Example copy of the form - [https://www.irs.gov/pub/irs-pdf/f1099k.pdf](https://www.irs.gov/pub/irs-pdf/f1099k.pdf)
- Form instructions - [https://www.irs.gov/pub/irs-pdf/i1099k.pdf](https://www.irs.gov/pub/irs-pdf/i1099k.pdf)

### How can we help you today?

Looking for more information about this or other tax forms?  The tax team at DiMercurio Advisors are tax compliance experts.  We are passionate about ensuring you are well-informed and in control of your tax situation.

 

[View full post](https://www.dimercurioadvisors.com/learning-center/tax-form-library/1099k)

```json
{
  "@context" : "http://schema.org",
  "@type" : "BlogPosting",
  "author" : {
    "@type" : "Person",
    "name" : "John Kirkland EA"
  },
  "dateModified" : "2024-06-27T16:00:19.252Z",
  "datePublished" : "2018-01-01T14:00:00Z",
  "headline" : "What is IRS Form 1099-K?",
  "image" : {
    "@type" : "ImageObject",
    "height" : 691,
    "url" : "https://www.dimercurioadvisors.com/hubfs/content-files/tlc-article/form-library/IRS/1099K.png",
    "width" : 1034
  },
  "mainEntityOfPage" : "https://www.dimercurioadvisors.com/learning-center/tax-form-library/1099k",
  "publisher" : {
    "@type" : "Organization",
    "logo" : {
      "@type" : "ImageObject",
      "height" : 60.0,
      "url" : "https://www.dimercurioadvisors.com/hubfs/dimercurio-advisors/identity/icon/DA-icon-color-tm.png",
      "width" : 95.30613
    },
    "name" : "The Learning Center"
  }
}
```