IRS Form 1099-K (Tax Year 2025)
Payment Card and Third Party Network Transactions
Software
$289.95
- Use the software today!
- Transmit directly to the IRS.
- Requires a TCC code issued by the IRS and IDme account.
- File originals or corrections for current or prior years.
- Software imports up to 2,500 records. Additional 10,000 record increments can be purchased by calling sales at (480) 706-6474.
Outsourcing
Call for a quote.
- We assign a real person to review your data.
- No TCC required. No IDme. No finger print.
- Let our trained staff import your data from excel, print and mail, and electronically file on your behalf using our TCC number.
- Custom quotes tailored specifically to your needs. We are committed to providing you with exceptional service and competitive pricing.
Software AdvantagesSecure Transmission
Your data is sent directly to the IRS or state portals. Because of this, your information never passes through the cloud or third-party servers.
Excel Integration
Quickly import data from Excel (XLS or XLSX). Download a sample file to get started.
Simple Printing
Print Copy B on plain paper with black ink. No special forms are required. Forms fit neatly into a standard #10 double-window envelope.
Error Reduction
Our software checks for errors before submission. As a result, processing is faster and IRS rejections are less likely.
Free Technical Support
Speak directly with a local support specialist. We are here to answer questions and resolve issues quickly.
1099FIRE can handle the entire process for you—printing, mailing, and electronically filing originals, corrections, or prior-year returns with the IRS and state agencies through the Combined Federal/State Filing (CF/SF) program.
Assigned Representative
Each customer is paired with a dedicated representative who has 15+ years of tax filing experience, ensuring expert, personalized support.
Lower Administrative Burden
Outsourcing frees your internal resources to focus on core operations. As a result, your team saves time and avoids unnecessary stress.
No TCC or ID.me Required
We eliminate the need for Transmitter Control Codes (TCC) or IRS ID.me verification—removing common obstacles for businesses.
High-Volume & Complex Filing Support
We manage large-volume filings, multiple payers, state filings, bulk TIN matching, and more, all securely transmitted through the CF/SF program.
Custom Quotes
Every project is unique. Because of this, we provide tailored quotes instead of one-size-fits-all pricing. Call us at (480) 706-6474 to discuss your filing needs.
The IRS now requires electronic filing of 10 or more information returns beginning with tax year 2023.
Key Requirements
If you filed a TCC application before September 26, 2021, you must reapply and verify identity through ID.me.
Paper filing is only allowed if you have 10 or fewer returns.
As a result, more companies are adopting third-party e-filing services.
Get Help
Contact 1099FIRE at (480) 706-6474 to discuss outsourcing options and ensure compliance with the new rules.
Original Filings
Submit brand-new returns confidently with our software or outsourcing service.
Corrections
Quickly fix errors and resubmit corrected forms to stay compliant.
Prior Years
Electronically file late or amended returns for past tax years without hassle.
Our solutions are designed to handle every filing scenario—whether current, corrected, or prior year.
What is Form 1099-K?
IRS Form 1099-K, Payment Card and Third-Party Network Transactions, is used to report income from credit and debit card payments. It also applies to payments processed through third-party networks such as PayPal, Venmo, Stripe, and Square.
The form exists to make sure that businesses and self-employed individuals properly report taxable income. In other words, it helps the IRS track money received through online sales, gig work, and digital platforms.
Who Receives Form 1099-K?
Businesses and individuals receive Form 1099-K once they pass IRS thresholds. For example, a freelancer who is paid through PayPal or a small shop that accepts card payments may get the form when their totals reach the reporting limit.
Who Sends Form 1099-K?
Card processors such as Visa and Mastercard are required to issue the form when thresholds are exceeded. In addition, third-party networks like PayPal, Venmo, Stripe, and Square must send Form 1099-K to both the taxpayer and the IRS when reporting rules apply.
Purpose of Form 1099-K
The main purpose is to make sure that taxable income is reported accurately. Therefore, money earned from digital platforms, gig jobs, or online sales must be included in annual filings. This process improves compliance and reduces the risk of underreporting.
Filing Deadlines
Copy B must be provided to the recipient by January 31. The electronic filing deadline with the IRS is March 31. Finally, missing these deadlines can result in costly penalties, so timely filing is essential.
