IRS Form 1099-K – Form Generation and Payee Information FAQ

Due to Internal Revenue Service (IRS) regulations, U.S. third-party settlement organizations and payment processors, including Amazon, are required to file Form 1099-K for U.S. taxpayer sellers who meet the following thresholds in a calendar year:

• More than $20,000 in unadjusted gross sales, and
• More than 200 transactions.

If you do not meet both of these thresholds, you will not receive a Form 1099-K.

IRS regulations require non-U.S. taxpayers to provide Form W-8BEN to Amazon in order to be exempt from U.S. tax reporting requirements.

When will I receive my Form 1099-K?

Amazon will make a copy of your form available to you on or before January 31 of the following year. If you did not consent to electronic delivery, the form will be postmarked on or before January 31 of the following year and will be mailed to the address provided by you in the tax interview.

Can I receive my Form 1099-K via email?

If you sign up for e-delivery, your tax forms will be emailed to you by January 31. To sign up for e-delivery, you must retake the Tax Interview and provide an e-signature at the end. For instructions on how to access the Tax Interview, refer to Update your tax information page.

Where do I find my Form 1099-K that Amazon issued for my seller account?

You can find the form in your seller account. From the Reports section, select Tax Document Library, then the appropriate year, and then Form 1099-K. Please make sure you are signed in as the primary user. Only the primary user can access forms in the Tax Document Library.

Are there instructions on how to use the Form 1099-K for my tax return?

To find out how this legislation and Form 1099-K affect your business, or if you have other questions, contact your tax, legal, or other professional advisor.

For Individual filers, see these IRS instructions.

For legal entity filers, see Form 1120.

For more information on IRS Form 1099-K, see Form 1099-K.

How do I save a copy of the Form 1099-K to my computer?

From the Reports section in your seller account, select Tax Document Library, then the appropriate year, and then Form 1099-K. Click the Download PDF link. To save the form to your computer, while it is open in Adobe Reader, click File, then Save As, and then PDF. Select a location on your computer and click Save.

I believe there is an error on the Form 1099-K I was issued. How do I get an updated Form 1099-K?

If the error is related to:

Incorrect address: To update your address, you must retake the Tax Interview. Be sure to provide an e-signature at the end for faster processing. Instructions for completing the tax interview are provided here. Note that this will only update your address for tax purposes, it will not update forms generated for previous reporting years.

Incorrect tax ID or name: Your IRS Form 1099-K was issued based on the tax information on file at the time the payment was made. To make an update, you must retake the Tax Interview. Be sure to provide an e-signature at the end for faster processing. Instructions for completing the tax interview are provided here.

Change of information: If you have provided Amazon with updated tax information during the calendar year, you will receive a separate 1099-K form for each tax ID that met the reporting thresholds for the calendar year.

Amount: If you are referencing your bank account or your settlement report from Amazon, note that per IRS regulations, the amounts listed on your IRS Form 1099-K represent the unadjusted gross sales that occurred and not the actual bank transfers. Unadjusted gross sales represent your total sales unadjusted for fees or refunds. The amount is the total buyers paid for orders, even if orders were later refunded.

Will I receive a Form 1099-K for my account even though my unadjusted gross sales are below $20,000 and my transactions are below 200?

For each calendar year, if you had at least $20,000 in unadjusted gross sales and more than 200 transactions, a Form 1099-K will be provided to you. If you did not meet both of these thresholds, you will not receive a Form 1099-K. We will track your unadjusted gross sales and number of transactions. You will also be able to tell if you have exceeded the thresholds by monitoring your unadjusted gross sales and number of transactions in your account.

I did not receive my Form 1099-K in the mail. What address was it mailed to?

The Form 1099-K was mailed to the address you provided in the tax interview. You can also retrieve the form from your seller account. From the Reports section, select Tax Document Library, then the appropriate year, and then Form 1099-K. Click the Download PDF link.

Are the reported amounts on my Form 1099-K in USD or local currency?

All non-US regions (EU, JP, etc.) have their Form 1099-K reported in USD. However, your Seller Central date range reports provide transactional amounts in local currency. For generating Form 1099-K Amazon uses a daily exchange rate that is applied on the date the transaction is booked.

Is the $20,000 calculated based on net sales or gross sales?

The $20,000 is calculated based on unadjusted gross sales. Unadjusted gross sales means the total sales, unadjusted for fees or refunds. It is the amount the buyer paid for an order even if the order is later refunded.

Why are sales tax and shipping charges included in my unadjusted gross sales amount?

Unadjusted gross sales equals the amount the buyer paid for the order and includes sales proceeds, sales tax, and gift-wrap and shipping charges.

Doesn't the gross sales amount change if I refund an order?

No. When you make a sale, the order total becomes a permanent part of your unadjusted gross sales for the year. Even if you later refund the entire amount a buyer paid for an order, the order total is still included in your unadjusted gross sales calculation. The IRS regulations require that no adjustments to gross transaction amounts be made. Please seek advice from a tax professional to understand the appropriate adjustments when preparing your tax return.

Here is an example that includes a discount to the buyer, an Amazon fee, and an eventual full refund to the buyer:

Item price: $100

Seller promotional discount: -$10 (subtracted before the gross sales amount is calculated)

Shipping charge: $15

Order total: $105 (gross sales amount)

Amazon fee: -$20 (subtracted after the gross sales amount is calculated)

The buyer is later refunded in full.

Buyer credit of the order total: -$105

Seller credit of the Amazon fee: $20

Net: $0

The gross sales amount for the purposes of calculating annual gross sales is $105, even after the refund.

If I have multiple seller accounts with the same tax identification number and they exceed the thresholds when the account totals are combined, will you file Form 1099-K for my combined seller accounts?

Yes. Unadjusted gross sales and transaction volumes will be consolidated for all accounts that have the same Tax Identification Number (TIN). A Form 1099-K is issued by Amazon as applicable for each jurisdiction you sell in. If you sell across different regions with Amazon, you may receive more than one Form 1099-K. Please assist us by providing your taxpayer identification information in each of your accounts regardless of thresholds. This will help ensure that we report all accounts with the same TIN on Form 1099-K as required by the regulations.