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:
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.
Additionally, changes in state tax law require Amazon to report unadjusted gross sales in the following states:
Tax forms will be sent out by January 31. For accurate delivery, make sure your contact information is updated no later than December 31.
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 Update your tax information page.
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.
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.
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.
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.
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.
Additionally, recent changes in state tax law require Amazon to report unadjusted gross sales of $600 or more to sellers with addresses in Massachusetts or Vermont. There are no transaction thresholds for the state reporting.
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.
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.
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.
Unadjusted gross sales equals the amount the buyer paid for the order and includes sales proceeds, sales tax, and gift-wrap and shipping charges.
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
The gross sales amount for the purposes of calculating annual gross sales is $105, even after the refund.
Yes. Unadjusted gross sales and transaction volumes will be consolidated for all accounts that have the same Tax Identification Number (TIN).