How Autobooks issues 1099K forms to merchants

At the start of each year until January 31st, businesses receive a 1099K form for the previous tax year if those businesses processed payments through Autobooks. Autobooks is required by the IRS to provide a 1099K to businesses that process credit/debit card transactions and meet the following threshold:

Requirements for 2023:

  • $600 or more in payments processed in the tax year. (threshold subject to change)


Requirements for 2022 and prior:

The 1099K Form reports what was received/processed through Autobooks only.

How will the business receive a 1099 form from Autobooks?

1099 forms will be mailed via US Mail to the physical address we have on file for the Autobooks account. The business can see the address on file by visiting Settings, then clicking on the Company tab.

When will the 1099 forms be mailed by Autobooks?

Autobooks mails 1099 forms no later than January 31 for the prior tax year.

Are digital copies of 1099 forms available?

Autobooks does not display 1099 forms within our application.