1099-k

jennifersee
Member
Member

I have a question about this, to get clarification:

 

  • $20,000 USD in gross payment volume from sales of goods or services in a single calendar year
  • 200 payments for goods or services in the same year*

Do you have to meet BOTH or just one of these?  Like can you have 300 payments, but the total of the payments is $10,000 or less would they send me a 1099-K?

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