Getting a 1099-K Form from Wix Payments
5 min read
In the United States, all payment card and third-party payment networks - including Wix Payments - are required to report merchant sales activity for goods and services to the Internal Revenue Service (IRS), as well as the relevant state authorities. This is done using a 1099-K form.
In this article, learn about:
Requirements to qualify for a 1099-K
Wix Payments will provide you with a 1099-K form if you fulfill the following federal requirements:
- You are, or are presumed to be, a U.S. person
- Your Wix Payments account was opened in the United States
- Your account has processed over 200 transactions that exceed $20,000 USD in total gross payments within a single calendar year
Note: The IRS assesses your online gross payments based on your Tax ID. As such, Wix Payments accounts sharing a single Tax ID are assessed all together.
We will make sure your 1099-K form is filed with the IRS and the relevant state authorities. A copy of the form will be available in your Wix Payments account.
If your gross payments meets the relevant state requirements, we will make sure a copy of your 1099-K is also filed with the state tax authority.
Getting your 1099-K form
If you meet the IRS requirements, we will generate a 1099-K form for you. This form will be a record of your payments processed through Wix Payments for the preceding calendar year.
Depending on your account set-up, you may receive multiple 1099-K forms. To see your total gross payments from Wix Payments for 2023, be sure to review all of the 1099-K forms you receive.
Before you begin:
You can expect your document(s) to be made available in the first quarter of 2024.
To access your 1099-K form:
- Log in to your Wix account on desktop.
- Go to Wix Payments Accounts.
- Locate the relevant Wix Payments account.
- Click View.
- Click Settlement Report.
- Click View Tax Documents.
- Click Download PDF next to your 1099-K form.
Have questions about your 1099-K form?
Make sure you're logged in from a computer and click below to contact Wix Customer Care.
Our experts can help with issues such as:
- Inability to locate your 1099-K form
- Learning how payments and transactional information are calculated
- Updating incorrect information on your 1099-K form
Let us direct you to the right expert
For further information about the 1099-K form, please visit the Internal Revenue Service. If you are uncertain about your responsibilities, you may wish to consult with an accountant or tax advisor.
FAQs
Click the questions below to learn more about the 1099-K form.
Where can I see my information on a 1099-K form?
Can I update personal / business information on my 1099-K form?
What should I do if I believe the payments information on my 1099-K form is incorrect?
Does my 1099-K form show information from all my payments in Wix?
Why don't I see a 1099-K form in my Wix Payments account?
Have the requirements for a 1099-K form changed for this year?
Which email address should I check for notifications about my 1099-K from Wix Payments?
Why did I receive a 1099-K if I did not meet the federal threshold?
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